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Montebello, California
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$ 900,000
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Looking to invest in a well-established, lucrative business that comes with its own real estate? Here's an opportunity to own Sunny Hills Real Estate's prized asset - a steady, profitable liquor store that's been in operation for over 40 years. This business is housed in a standalone 1400 sq.ft building, conveniently located in the bustling industrial area of Montebello, California. The store also features an excellent check cashing service that brings in more than $950K a month. While the liquor store generates a healthy $15K in monthly sales from food and beverage alone, the prime location near the Santa Ana Freeway ensures a steady stream of customers from neighboring factories, boosting the store's earnings. With more than 10 parking spaces, customers enjoy easy access to the store, adding to its appeal. It's not just about location and revenue; the real estate is equally enticing. The property is zoned MNM1, and the current asking price is a reasonable $900K. This is an owner/operator opportunity, ideal for those interested in both business and real estate investment. The current owner operates on their own schedule, opting to close on Sundays and major holidays. This means there's potential for increased revenue if the new owner chooses to operate seven days a week. The sale is due to the current owner's retirement, and transition support will be provided during escrow and for two weeks after closing to ensure a smooth handover. With a thriving business, prime
El Monte, California
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California
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