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Los Angeles County, California
Asking Price
$189,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
$132,000
Name: John Lee
Phone: Show phone number
Name
John Lee
Phone
Show phone number
Posting ID:
9689094
Business Category:
Retail
Business Types:
General Store
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Los Angeles County, California
Owner operate the liquor and wine shop and Very nice clean area with front Parking lot
$ 375,000
CF : $ 120,000
Presenting an exceptional opportunity to acquire a well-established liquor and wine shop nestled in the high-traffic and clean neighborhood of Hacienda Heights, Los Angeles, California. Reputable for its wide selection and exceptional service, this business is strategically located in a middle-class area with a large parking lot directly in front of the store, providing excellent visibility and convenient access for customers. The business operates from a spacious 2,500 square foot store which includes a large storage room. The current rent stands at a reasonable $3,500 per month on a gross lease basis, with the possibility to extend the lease term for up to 15 years. This shop has a strong gross profit margin of around 40%-45% and has shown a steady revenue stream of $600,000. The cash flow stands at $120,000, demonstrating its profitability and potential for further growth. Currently, the store operates from 8:30 AM to 10:00 PM. There lies an opportunity for the new owner to extend the business hours and potentially increase sales. This business is ideally suited for an owner-operator and is e2 Visa eligible. The asking price is $375,000 plus inventory count. Buyers with strong personal credit may qualify for an SBA loan with a minimum down payment of 30% of the total purchase price. The seller provides full support and training to ensure a smooth transition. The reason for sale is the seller's plan to move out of the area

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CF : $ 180,000
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