Owner-operated, Profitable Convenience Store located in Los Angeles! The convenience store is surrounded by a neighborhood and offers convenience items, snacks, beverages, and clothes. The business has an easy operation and is ready for a new owner. This business is open 7 days a week with limited hours from 8:00am to 8:00pm. Seller states the gross sales are $204,000 per year with a net income of $72,420 (buyer to observe and/or verify). This store is a corner location and is an easy operation to run with no employees. The store has plenty of room and services loyal customers, walk-in customers, and is on a main road for drive by traffic. In addition to being located in a convenient location in close proximity to a neighborhood, and the freeway, the store has been at the present location for 5 years and comes with a great lease.
FF&E are included in the sale. No financial records will be provided. Seller is selling due to leaving the country.
This is a leased location of 1,400 square feet with a Total Rent of $1,100. Lease ends 03/2021 with a one 3 year lease option. Seller is active in the business with 1 Independent Contractor. Hours of operation are Winter Hours: 8 AM - 5 PM, Normal Hours: 8 AM - 8 PM. $5,000 in Inventory and $3,500 in FF&E included in Asking Price. $2,000 made in Leasehold Improvements. Assets include Sub-lease is a Cannabis business, Buyer is to verify all licensing.
To get more information about this Convenience Store business for sale in
Los Angeles please phone Gina Veeragoudar (Intermediary, Broker - BRE License #:02072895) at 424-832-3410 and 424-832-3410 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #250238 on BizBen.com. In addition to phoning
Gina Veeragoudar, make sure you email Gina Veeragoudar above to get more info about this
Convenience Store, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
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