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Los Angeles, Los Angeles County, California
Liquor and property with 3units apartment top
Asking Price
$3,100,000
Revenue
$1,560,000
Down
$775,000
Cash Flow
$210,000
Description
Excellent opportunity to purchase a liquor store with the real estate included, plus three apartments located above the store generating approximately $7,000 per month in rental income.
The liquor store generates approximately $130,000 in monthly sales, with additional income from lottery commissions and other sources of approximately $4,500 per month. The property also offers parking space back 4 in the back .
The property is strategically located in South Central Los Angeles, surrounded by numerous apartments, duplexes, and residential communities. The customer base includes a strong mix of Latino/Hispanic and African American customers, providing consistent neighborhood traffic and sales.
The liquor store has strong profit potential and is currently operated on a semi-absentee basis, with the owner is not required to be present full-time.
This is an excellent opportunity for an investor looking for business income plus rental income and real estate ownership in one package.
Financing: Qualified buyers may be eligible for a Small business Administration(SBA) loan with terms of up to 25years, subject to lender approval and qualification. Minimum down payment required.
Serious buyer only. Proof of funds/down payment will be required prior to providing detailed information detailed information or arranging a showing.
For additional information or to schedule an appointment, please contact the agent: Joo(Joe) Lee at 213-820-8877
Business Details
Year Established:
3
Employees:
3
FE&E:
15,000
Reason for sale:
Moving out of Los Angeles area
Support & Training:
yes
Property Information
Size in Square Feet:
5,105 sqft
Lease Terms:
n/a
Premises Details:
The liquor store with 3 units apartment top
Lease & Tenant Information
Posting Information
Posting ID:
4588135
Business Category:
Retail
Business Types:
Liquor Store
Attributes:
License (Liquor, etc.)
Real Estate Included
SBA Loan Pre-Qualified
Semi Absentee Run
Training And Support
Non-Disclosure Agreement
Interested in this business? Request to sign the NDA to receive exclusive information.
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Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Liquor and property with 3units apartment top
Posting ID
#4588135
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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