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For Sale: Dollar Store - Absentee Owner, Busy Area - Los Angeles County, California

$299,000.00

Asking Price

  • Address: Los Angeles,

Los Angeles County Dollar Store - Absentee Owner, Busy Area Business For Sale
Dollar Store - Absentee Owner, Busy Area Company For Sale
Los Angeles County Dollar Store - Absentee Owner, Busy Area Companies For Sale
Buy, Sell A Dollar Store - Absentee Owner, Busy Area Business

Description

This discount store represents an exceptional opportunity for ownership, featuring minimal active involvement and straightforward operations.

Situated in Koreatown, Los Angeles, the store benefits from its location in an area that blends residential and commercial spaces.

Remarkably, it is priced at less than twice its annual net income.

Currently, the store maintains consistent performance and offers an extensive selection of products.

These range from dollar and above items, packaged foods, beauty products, housewares, baby essentials, energy drinks, and tobacco to various other merchandise.

Prospective owners can enhance sales and profitability by expanding the product range to include meat and produce, water sales, and smoke accessories.

The business has been a staple in the community for nearly 34 years, with the current proprietor having managed it over the last four years.

Operational expenses and monthly outlays include payroll at $5,500, rent at $5,700, electricity at $650, insurance at $450, licenses at $80, phone and internet services at $145, merchant services at $450, and NRC register fees at $25.

In addition to its primary revenue streams, the store generates supplementary income through lottery commissions ($450 monthly) and ATM commissions ($200 monthly).

Listing # - 5455 HP

To get more information about this Dollar Store - Absentee Owner, Busy Area business for sale in Los Angeles County please phone Harry Patel (Broker - BRE License #:01995716) at 562-402-2686 and 562-230-1193 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #285879 on BizBen.com. In addition to phoning Harry Patel, make sure you email Harry Patel above to get more info about this Dollar Store - Absentee Owner, Busy Area, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01995716. VR Business Brokers.

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Contact

  1. Name: Harry Patel
  2. phone iconPhone: 562-402-2686
  3. phone iconPhone: 562-230-1193

Details

  1. Asking Price: $299,000.00

  2. Down: $299,000.00

  3. Cash Flow: $155,000.00

  4. Revenue:    $780,000.00

  1. Area: Los Angeles County

  2. City: Los Angeles

  1. Attributes:

    Broker CooperationAbsentee RunSemi-Absentee RunTraining & Support

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Related Links & Information Regarding This Posting

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