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Monterey Park, Los Angeles County, California
Asking Price
$1,090,000
Revenue
$500,000
Down
$210,000
Cash Flow
$108,000
Name: Steve Yoon
Phone: Show phone number
Name
Steve Yoon
Phone
Show phone number
Year Established:
1957
Employees:
1
FE&E:
20000
Reason for sale:
Seller is going to retire.
Support & Training:
Seller will train 14 days without any cost.
Size in Square Feet:
1,865 sqft
Lease Terms:
0
Premises Details:
Convenience Market
Posting ID:
9552866
Attributes:
License (Liquor, etc.)
Real Estate Included
Relocatable
SBA Loan Pre-Qualified
Training And Support
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Once signed, you’ll receive access to confidential business details including the business name, address, and financials.
Posting Title
Market Business & Real Estate for Sales in Los Angeles County.
Posting ID
#9552866
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Recommended Businesses
Los Angeles, California
Market & Property in Los Angeles City
$ 990,000
CF : $ 120,000
An excellent opportunity awaits you in the heart of Los Angeles City. This convenience and grocery store is perfectly located on the main street, providing maximum traffic and accessibility. With yearly business sales amounting to $540,000 and a net income of $120,000, this is a profitable venture that has consistently demonstrated its viability over 27 years of continuous operation. But that's not all. The business also boasts a monthly additional income of $4,900 from lottery and ATM commissions. The property itself is a significant asset, with a lot size of 3,800 SF and a building size of 2,900 SF. In a prime commercial zone (LAC2), this property alone is worth $800,000 in today's dynamic real estate market. Perhaps the most exciting aspect of this business opportunity is its potential for growth. The current operating hours are limited to 9:30 AM to 6:00 PM due to the owner's burnout, leaving a vast scope for sales increase with extended operating hours. The asking price for this established and profitable business, along with the property, is $990,000, plus inventory. The good news is that SBA loans are available to facilitate your investment. Don't miss out on this unique opportunity to own a thriving business in a prime location with untapped growth potential. Reach out to broker Steve Yoon at +12132722500 or steve12yoon@gmail.com for more details. This is your chance
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