$1,699,000.00
Asking Price
Status: Active
Posting ID: 286552
3/27/25
Description
The beer and wine market in the city of Long Beach is for sale. The building size is over 3300 square feet with a lot size of over 11,500 square feet. There is side parking space available. Competition in the area is limited. The surrounded by residential areas and apartments. There are various potentials for growth, including extending business hours, expanding inventory, and adding additional services such as check cashing, money orders, and money transfers. etc.
The seller wishes to retire after more than 20 years in business at the same location. The customers are almost entirely Latino. The Financing options include a 25-year SBA loan with a down payment. Monthly gross revenues are approximately $35-$40,000 (As -is )The store accepts EBT and has a Lotto machine. Additionally, there is a water machine inside the store. Serious buyers only; No- broker Calls.
Extra Income; Lotto commission : $1,7000 per months, Water Machine : $400 per months
The price breakdown includes the property value at $1.5 million, which is the current market value, and the business asset sale as is for $200,000, plus approximately $25,000. The total asking price is $1.7million, plus inventory.
The SBA Loan possible with down payment
All information was given by the seller/buyer's responsibility to verify all numbers. All information provided by the seller is deemed reliable but not guaranteed. Brokers have not audited said information. Buyers are strongly urged to conduct their own investigation and check for the accuracy of said information during the due diligence period.
To get more information about this Beer And Wine Market - With Property, 20+ Years business for sale in Los Angeles County please phone Joo (Joe) Lee (Agent - BRE License #:01358449) at 213-820-8877 Cell and 213-820-8877 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #286552 on BizBen.com. In addition to phoning Joo (Joe) Lee, make sure you email Joo (Joe) Lee above to get more info about this Beer And Wine Market - With Property, 20+ Years, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01358449. Win Realty & Properties.
Contact
Details
Asking Price: $1,699,000.00
Down: $500,000.00
Cash Flow: Call/Email
Revenue: Call/Email
Area: Los Angeles County
City: None Given
Attributes:
My Notes About This Listing
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Revenue
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Down
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Bldg Size
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Typical Floor Size
Call / Email
Year Built
1975
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