Contact: Ryan Clark At 310-652-8353 - Also Email This Contact Below
Asking Price: $445,000 Down Payment: $445,000
Annual SDC: $200,027
Annual Gross: $719,271
Business Address: None Given City: Long Beach Zip: None Given
Attributes: Broker-Broker Coop, Absentee Run, Semi-Absentee Run, Training & Support
This absentee operated Long Beach Market boasts a built-in client base due to its ideal location within a bustling residential and commercial area. The business has not skipped a beat during COVID19 and continues to caters to its customer's daily needs.
This 652 square foot market leases for $2,191 per month on a lease until 2025 with one 5 year option. All of the business's furniture, fixtures, equipment and Type 20 Beer & Wine License will be included in the sale. An estimated $35,000 in retail inventory will be sold at cost at close in addition to purchase price.
Due to this market's location, it is somewhat insulated from competition in the immediate vicinity. This gives rise to the opportunities new management has to grow the business since they can fulfill any number of additional patron shopping or service needs, while threats from competition remain limited.
New management may capitalize on this venue's unique location and beer & wine license that caters to patrons that reside nearby. Due to this, the venue has not skipped a beat during the pandemic. Rather, the crisis has highlighted the number of additional ways a new operator could capitalize on this stellar location. As the market is entirely absentee-operated it would likely benefit from a full-time working owner operator that is familiar with the market dynamics and can determine which of the several potential avenue for growth make the most sense to implement.
To get more information about this Market - Absentee Run, Bustling Area, High Net business for sale in
Long Beach, LA County Area please phone Ryan Clark (Broker) at 310-652-8353 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #265937 on BizBen.com. In addition to phoning
Ryan Clark, make sure you email Ryan Clark above to get more info about this
Market - Absentee Run, Bustling Area, High Net, to ask any questions or request an appointment to see this
business for sale. Thank you.
Contact: Jack Oh: 562-544-6863
Status: Active Posting #: 268459 Refreshed: 6/17/2021
Asking Price: $175,000
Down Payment: $50%
Annual SDC: $84,000
Annual Gross: $420,000
Rent is only $1,750 per month. Same owner since 2014. Great for family business. Plenty of front parking. Rent is fixed. 33% profit margin. Great for 1st time buyers with family to work. Currently not taking ebt. Used to make $1,500/mo from lottery. Monthly gross: $35,000. Net income: $7,000/month.
Contact: Jude Seleck: 562-402-2686, 760-539-2911
Status: Active Posting #: 268337 Refreshed: 6/21/2021
Asking Price: $165,000
Down Payment: $165,000
Annual SDC: $120,000
Annual Gross: $420,000
Attributes: Broker-Broker Coop, Training And Support
Profitable convenience store with beer & wine (ABC License 20 off sale). Long established more than 40 years ago in a high density residential neighborhood, very easy operation with low rent. Store has tobacco license and accepts EBT.
Contact: Harry Patel: 562-402-2686, 562-230-1193
Status: Active Posting #: 268408 Refreshed: 6/14/2021
Asking Price: $275,000
Down Payment: $275,000
Annual SDC: $86,100
Annual Gross: $600,000
Attributes: Broker-Broker Coop, Semi Absentee Run, Absentee Run, Training And Support
This liquor store is on a busy boulevard in LA County. Great prime location and well established for over 35 years. Absentee operation with help of 2 employees. Spacious liquor store and food mart located in the strip-shopping center with several other Businesses.