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Mini Mart Convenience Store For Sale - El Monte, California

Ad/Listing Information
 
Status: Off The Market
Location: El Monte
County: Los Angeles
City: El Monte
 
 
 
 
 
 
  
 
 
 
Financial Information Detailed Information
 
Price:      $45,000
Down:      $45,000
Revenue:      $128,000
Adj. Net:      $24,000
Relocatable:      No
Home Based:      No
Real Estate Included:      No
Bkr To Bkr Coop:      Call
Franchise:      No
For Sale By Owner:      No
Asset Sale:      No
Lifestyle:      No

Description Of This El Monte Mini Mart Convenience Store Business For Sale:

Profitable turn-key Los Angeles County Mini Mart Convenience Store business is located on the street corner on a very busy high-traffic street. This is a densely populated area of retail businesses, apartments and single family homes. The store is popular in the local community and offers a variety of convenience store items, some grocery and Hispanic grocery items and cigarettes. EBT is accepted here, but there is currently no beer and wine license. Also, the mart does not sell lottery tickets, but does offer bill paying money orders and money transfers. The on-hand inventory is included in the sale price. The buyer can continue operating the business as is or may want to add beer & wine and lotto tickets, which might quickly bring additional business. Or, a new owner could add ice cream or frozen yogurt to the store. Low rent and low overhead. There is parking in a lot and on the street. This is an ideal business for an owner-operator or as a family run business. SDE/owner cash flow is based on the owner working part-time and operating the business. Owner is selling this business for family reasons.

Financial Summary
Price: 45,000
Down Payment: 45,000
Sales: 128,000
Cash Flow: 24,000
Inventory: 5,000 - 6,000
Inventory Included: Yes
FF&E: 12,000
Monthly Lease: 1,050

Financing: No / Call
Year Established: 1996
# Employees: 1 P-T & 1 F-T + owner P-T
Facility Size: Approx. 900 SF
Training: 2 weeks
Reason for Sale: Family Reasons

Disclaimer
Chase Group Business Brokers, Inc. ('Broker') has made no independent investigation or verification of any representation, warranty, document, or information presented by the seller herein. Prospective buyer is responsible for their own independent investigation with respect to such items and is advised by Broker to do so and to obtain the appropriate counsel from legal, accounting and other professionals concerning this business opportunity.


Mini Mart Convenience Store For Sale And El Monte Region Related Links:

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More Los Angeles County Information For Buying & Selling Los Angeles County Businesses


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Los Angeles County Franchise Resales - Established Franchise Resales For Sale
Los Angeles County New Business Opportunities - Opportunities, Licensing Ventures

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