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Los Angeles County, California
Asking Price
$350,000
Revenue
$1,700,000
Down
50%
Cash Flow
Call/Email
Name: Mike Qutami
Phone: Show phone number
Name
Mike Qutami
Phone
Show phone number
Posting ID:
292234
Business Category:
Retail, Automotive & Vehicle
Business Types:
Tire Stores, Tire Shop
Audio & Accessories Shop
Keywords:
Los Angeles County, california, car, stereo, audio, tire
Attributes:
Broker Cooperation
SBA Loan Pre-Qualified
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Venture into an exciting and profitable business opportunity with this well-established Liquor and Check Cashing Store in El Monte, California. Ideally situated within a busy industrial district, flanked by factories and warehouses, this standalone store has been a trusted and successful entity for 26 years. Thanks to its prime location, the business enjoys a consistent customer flow and tremendous growth potential. The current owner, Steve Kim, has expertly managed this business to great heights and is now looking to retire, presenting a golden opportunity for a motivated buyer. Complementing the work-life balance, the store operates from 8:00 AM to 9:00 PM and 9:00 AM to 7:00 PM, ensuring a comfortable schedule for its new steward. The business stands strong with a robust income model. The liquor store pulls in an impressive monthly gross sales of $30,000, boasting a profit margin of a solid 35%. But the real gem of this operation is the high-volume check-cashing feature. With monthly transactions between $2.3M and $2.5M, and a fee of 1.25% to 1.5%, this aspect significantly amplifies the total revenue stream. In addition to this, the store earns an extra $2,500 per month through lottery income. The operation is streamlined, requiring minimal staffing. The current employee, a reliable individual handling check cashing, has been with the company for 30 years. The employee salary stands at

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Step into a golden opportunity with this thriving Liquor and Convenience store nestled in the bustling city of Huntington Park, California. Operating in a high-traffic location within Los Angeles County, this thriving enterprise offers a steady revenue stream from liquor sales, which average out to a robust $80,000 per month. This unique opportunity extends beyond the retail business. It includes a significant property portfolio that not only houses the liquor store but also hosts a barbershop, a beauty salon, an office space, and a warehouse, all of which generate an impressive rental income of $11,800 per month. The liquor store, spanning 2600 square feet, is 100% employee-run, allowing for a hands-off approach to daily operations. The business hours are short and manageable, from 9:00 am to 10:00 pm, providing an excellent work-life balance for the new owner. The property for sale comprises three lots, including a parking lot, the liquor store with additional storage, and a separate lot accommodating the barbershop and beauty salon. The total asking price for this lucrative package, combining both the business and the property, is $2.3 million ( Liquor $ 650000 + Property $1650000). This opportunity is not just about acquiring a successful liquor store; it's also about stepping into a profitable property investment with a diversified rental income. With its prime location, steady revenue, and growth potential, this business offers a fantastic return on investment for an ambitious entrepreneur. Don't let this rare opportunity

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EXPRESS CAR WASH - SELLER FINANCING AVAILABLE with $390,000 Down Payment Priced at $890,000, with Seller financing available. This property features a newly remodeled express car wash strategically situated on the major CA-71 off-ramp "Mission Blvd." With a modern 3,600 SF building and a spacious 31,726 SF lot. This car wash boasts an upgraded tunnel, new wall panels, 11 vacuums with room to add more, 2 Bays for auto detailing and a coffee shop lease opportunity to increase profits. Car Wash is operating as an ABSENTEE OWNERSHIP and has been open intermittently following the remodeling Business is being sold as is, financials are not available Surrounded by a population of over 357,000 within a 5-mile radius and close to popular attractions like Fairplex and Cal Poly Pomona, this prime location offers immense potential for a savvy investor. The area's average household income is $106,047, promising a lucrative market for this business. Don't miss out on this chance to own a thriving car wash in a high-demand area with excellent growth prospects. Contact us now for more details!

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