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Pico Rivera, Los Angeles County, California
Asking Price
$400,000
Revenue
$900,000
Down
$170,000
Cash Flow
$150,000
Name: Steve Kim
Phone: Show phone number
Name
Steve Kim
Phone
Show phone number
Posting ID:
290921
Business Category:
Retail
Business Types:
Liquor Store
Keywords:
Pico Rivera, los angeles county, california, liquor
Attributes:
SBA Loan Pre-Qualified
Semi Absentee Run
Training And Support
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Presenting an exceptional opportunity to own a highly profitable retail business located in Whittier, California. This well-established supermarket specializes in beer, wine, deli meats, and other groceries, generating an impressive average annual revenue of $1.7million. The business has successfully built a loyal customer base over its 22 years under the same ownership, a testament to its quality offerings and excellent service. This retail business boasts a prime location in a bustling neighborhood, surrounded by numerous apartments and houses. This strategic positioning ensures a steady flow of customers and minimal competition. The business also benefits from ample parking space, a key convenience factor for shoppers that adds to its appeal. The store spans a generous 5,000 square feet, offering an extensive range of products to cater to a diverse clientele. This business also holds a liquor license, expanding its product offerings and revenue streams. Despite its already impressive performance, the business holds significant growth potential for an ambitious new owner. The owner, planning for retirement, is offering this lucrative business at an asking price of $480,000. This includes a new lease term of 5+5 years, ensuring stability for the new owner. Additionally, there is provision for two weeks of training after the closing of escrow, to facilitate a smooth transition. This business is currently run absentee, presenting a superb opportunity for a hands-on owner-operator to maximize profits. Please contact Broker Joey Kim 213 255 1478, bestjoeykim@gmail.com. This is a rare chance to acquire a high-revenue, well-established retail business in a prime location.

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Located in the bustling heart of Pico Rivera, Los Angeles, this liquor store business offers an exceptional opportunity for potential buyers looking to gain a foothold in the lucrative retail sector. Positioned at a high-traffic intersection, the store benefits from constant visibility and foot traffic, ensuring a steady stream of customers. Despite a recent decrease in monthly sales from $70,000 to $50,000 due to the current owner's lack of retail experience, the prime location and generous parking facilities present significant growth potential. The opportunity to boost revenue through online sales is also available, which, coupled with the right management and marketing strategy, can help turn the current sales trend around. As a thriving retail business in California, this venture promises a rewarding return on investment for an ambitious buyer. The sale includes all business assets and the existing lease, paving the way for a smooth transition. Moreover, the current owner is committed to providing training and support during the transition period, ensuring the business continues to operate seamlessly. This business not only guarantees a secure revenue stream but also presents substantial possibilities to enhance profits and drive business growth. This is a rare opportunity to invest in a well-established business with a strong foundation, positioned in a prime location ripe for growth and development. For more information about this potentially lucrative business venture, please contact the broker, Steve Kim. Don't miss your chance to own a profitable business with immense growth potential. Act now to secure this unique business opportunity.

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Liquor, High Vol and low rent, Huge Potentials
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