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Whittier, Los Angeles County, California
Beer & wine market in Whittier:Yearly gross $1.8M, 30% down SBA
Asking Price
$520,000
Revenue
$1,800,000
Down
$180,000
Cash Flow
$156,000
Name: Joey Kim
Phone: Show phone number
Name
Joey Kim
Phone
Show phone number
Description
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 $520,000. 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.
Business Details
Year Established:
1995
Employees:
10
Reason for sale:
Retirement
Support & Training:
2 weeks training after closing of escrow
Property Information
Size in Square Feet:
5,000 sqft
Lease Terms:
5 + 5 years new lease
Lease & Tenant Information
Posting Information
Posting ID:
6710740
Attributes:
Absentee Run
License (Liquor, etc.)
Training And Support
Send NDA Request
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Once signed, you’ll receive access to confidential business details including the business name, address, and financials.
Posting Title
Beer & wine market in Whittier:Yearly gross $1.8M, 30% down SBA
Posting ID
#6710740
Full Name (Required)
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Agent, Broker or Seller Contact
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