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Los Angeles, Los Angeles County, California
Asking Price
$1,200,000
Revenue
$2,510,499
Down
$1,200,000
Cash Flow
$300,000
Name: Ryan Clark
Phone: Show phone number
Name
Ryan Clark
Phone
Show phone number
Posting ID:
290176
Attributes:
Broker Cooperation
For Sale By Owner
Owner/Seller Financing
Training And Support
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Step into the thriving convenience store market with this rare opportunity situated in the bustling heart of Los Angeles, California. This established business, operational for over three decades, boasts an impressive annual revenue of $200,000. Currently operating between the comfortable hours of 10:00am and 5:00pm, this store carries immense potential for further growth by extending operating hours. The store benefits from a prime location, attracting a broad customer base. It is complemented by a low monthly rent of $1,600, contributing to a healthy annual cash flow of $60,000. The in-store lottery terminal and ATM machine add an additional $2,000 to the monthly revenue, enhancing profitability. With a sizeable area of 2,000 square feet and a lease term of 5 years, plus a 5-year extension option, the store offers ample space for a new owner to introduce their unique business vision. An application for a beer and wine license is in the process, which upon approval could significantly boost revenue, adding a lucrative dimension to the business. Priced attractively at only $50,000, this sale includes comprehensive training and support, perfect for budding entrepreneurs or those with limited retail experience. The business holds potential for expansion into a supermarket or food store, further enhancing its appeal. Don't miss this chance to take over a business that has been serving loyal customers for decades and build upon its established success. Contact the broker today for more details on this exceptional opportunity.

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