
Profile: Convenient store + beer & wine: high profits, no competition. 50K OBO.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Gandhi
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| Primary Phone: |
626-414-4068 |
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| Alternate Phone: |
951-965-4292 |
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| DRE Number: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
2/23/10 |
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| Date Last Revised: |
3/1/10 |
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| BizBen Ad #: |
152509 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$50,000 |
| Down Payment: |
$39,000 |
| Annual Revenue: |
$150,000 |
| Annual Adjusted Net: |
$45,000 |
| Price Range: |
$0 to $100,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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Lowest price! Be your own boss!!! & enjoy high margins...
Highly motivated due to owners age & health reasons. ***will chip-in free/prepaid rent*** (based on closing / ABC liquor & tobacco license transfers / etc., ask for details). ASKING is 50K (just reduced) or your best offer (OBO)
Inventory: approx 9,000 (excluded)
Business type: convenient store with beer & wine off sale
Building & parking: 1000 Sq. FT. Solo building. Street front!!!
Synopsis: Take it away, ready made, life-time opportunity... establishment is 40+ years old! No competition in radius of more than 2000+ feet due to houses! Right next to 10 fwy, yes - new store signage clearly visible! In a very high-traffic (atleast 10,000 cars passing per day and plus, good foot-traffic as well in this residential area.
Days open & hours: 7 days / 9:00am to 9:00pm
Address: rosemead, los angeles county, ca
Lease: approx 1 year with (1) one (5) five year option
Meat dept and produce: very much possible.
No. Of employee: not needed, solo operation - store is 1 person friendly
Average gross sale per month: 12k (with high profit-margin) but potential of 20k+ just bring in atm, ebt/food stamps, check cashing, money transfer/order, fax/copy, etc. Etc. Etc.)
Current setup: ice-cream, lotto, beer & wine, sodas, chips, cigarettes, general / convenience store items, phone cards, propane tanks, groceries, etc. Etc. Etc.
Monthly expenses:
Rent: 1100.00 only - no triple nets!
Cost of goods: 6000 - 6500.00 approx
Payroll: 0.00
Advertising: 0.00 (not needed)
Water & trash: 10.00 only
Internet & phone: 50.00 only
Alarm: adt / 35.00 only
Insurance: 80.00 only (state farm - whopping 25k inventory coverage and 1000 cash coverage)
Electricity: average 300.00 only!!! (6 coolers, 1 5-door walk-in & 2 single door incl. Running 24x7)
Total monthly expenses: 8000 (incl. 6k in inventory - find liquidators and can reduce that as well)
Approx monthly net: 3500-4000.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
 Gandhi at 626-414-4068 or 951-965-4292 |



Business For Sale Photos
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