Steve Yoon
RedPoint Realty
Postings
Los Angeles, California
Business & Real Estate in L.A. City, CAP Rae 15%
$ 990,000
CF : $ 156,000
It is located on the main street, so it has great transportation and a great location. Sales items are Beer & Wine, Beverages and groceries only. Business sales are $540,000/yearly, Net income is $156,000/yearly. $4,500/month from lottery commissions and $400/month from ATM commissions, totaling around $4,900/month in additional income. Business Price is $190,000 plus inventory $50,000. Property's lot size is 3,799 SF. and store building size is 2,850 SF. and Zoning is LAC2, commercial zone. Property's price is only $800,000. Total asking price is $990,000 plus inventory. Cap rate is 15% (CAP=NOI/Price) SBA loans are available, 25 years term, and down payments are required for $250,000 .The current store has been in continuous operation for 27 years. Due to accumulated fatigue, the business is presently experiencing burnout and is not operating in an optimal condition. Currently, the opening hours have been shortened, running from 9:30 AM to 6:00 PM, like bank hours. It is certain that if normal business operations are restored, sales will increase.
Los Angeles, California
Market & property in Los Angeles County. CAP rate 12%
$ 990,000
CF : $ 120,000
The is located on main street close to 60 FWY. in East Los Angeles. Lot size is 14,948 SF. and Building size is 1,865 SF. Commercial Zoning C-2. Property price is $850,000. This market sells Beer & Wine, Groceries and Beverages, Gross sales are $480,000/year and Net profit is $120,000/ year. Business price is $140,000 plus inventory $20,000 approximately. Total price: property+ business= $990,000. Plus, inventory $20,000 Cap rate is 12%. CAP= Net Operating Income/Price SBA Loan is available; 25 years term, buyers need $250,000 down payment. The current store has been in continuous operation for 20 years by one owner. Due to accumulated fatigue, the business is not operating in an optimal condition. It is certain that if normal business operations are restored, the sales will increase. And it is easy to convert to other uses if need.