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Inglewood, Los Angeles County, California
Asking Price
$199,000
Revenue
$28,039
Down
$119,400
Cash Flow
$56,608
Posting ID:
279450
Business Category:
Restaurants & Food, Retail, Wholesale
Business Types:
Ice Cream Shops, Parlors
Distributor & Wholesale Distribution
Keywords:
fsbo
wholesale
ice cream
commissary
distributor
inglewood
los angeles county
Attributes:
Absentee Run
Broker Cooperation
For Sale By Owner
Owner/Seller Financing
Semi Absentee Run
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Inglewood, California
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CF : $ 240,000
This is a freestanding liquor store with its own parking, located in a strong mixed -use area surrounded by both residential and commercial properties The store is in a prime, highly visible location with heavy traffic and excellent exposure. the current lease has approximately 7 years remaining, plus a 5-year option. The rent is very reasonable: Approximately $3,500 per month for the next three years fixed, $4,000 per month for the following five years.The additional 5-year option would be at fair market rent. The property also has no ABC license restrictions or conditions that I am aware of, and the location has substantial potential for increased sales and revenue. The store is currently operation only half a day, with one full-time employee, so there is significant room to increase sales and profitability by extending the operation hours and improving the business operation. *

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This is a unique opportunity to purchase both a liquorl retail business and its accompanying real estate property. Notably, owning the property eliminates the need for rent or lease agreements, offering long-term financial benefits. There's significant potential for growth. A proactive owner could increase earnings by expanding the range of merchandise and optimizing the store layout. The property itself is extensive, with the building covering 4,458 sq ft, and an entire lot size of 7,072 sq ft. It even includes a living space, complete with 2 bedrooms, a kitchen, and a bathroom. This could potentially be used as owner's accommodation or rented out for additional income. The sale includes a liquor license and the new owner will receive full training and support during the transition. This is a fantastic chance to capitalize on a well-established business with real growth potential, all while owning a piece of Inglewood real estate. Don't miss out on this golden opportunity. For further details, please contact John Lee at 661-713-6645

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The freestanding liquor and beer with side parking space, All Employees running liquor store and many residential and Motels around area., It's great location for the liquor store, The reason for selling the business becasuse the commute form his home to the business location is too far" The area has strong customer demand due to its population density and residential developments, with very limited competition. The Business is currently operated by employees, but with an owner-operator's involvement, there is significant potential for increased growth and profitability." The lease offers very reasonable rent, with fixed rental rates set for every five-year term", The current rent at $3,500 fixed next 5years, another five years at; $4,000 fixed. " All information has been provided by the seller. While deemed reliable, it is not guaranteed. The broker has not verified the accuracy of the information. Buyers are strongly advised to conduct their owne due diligence and investigation to independently verify all facts and figures during the contingency period."

Santa Monica, California
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Jinky's Cafe/Restaurant is located in bustling Santa Monica, next to 3rd Street Promenade and a block away from Beach. This restaurant is well known for breakfast and lunch. Jinky's Cafe has been established for over 20 years. For a hands-on owner, there are many ways to increase business. Currently, it is absentee owner owned.

Acton, California
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Grizzly Bear's Burger is a well-established restaurant for a long time. It is a highway location off of the 14 Freeway. It has a drive-thru that is hard to find these days. It has a very simple menu that attracts a lot of freeway traffic. Currently, it is completely absentee-run. A new hands-on owner can add to the menu and increase business substantially. The real estate is available for 1 million.

Sherman Oaks, California
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Los Angeles County, California
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Jinky's Coffee Shop/Restaurant in a highly visible corner location in Santa Monica Promenade. Ocean view from the front of the shop. Newly established for approximately 2 years. Previously was a Coffee Bean and Tea Leaf store. Lots of potential to grow. Lunch and dinner items can be added for substantial revenue growth.

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