Description
This well-established neighborhood market and liquor store has been serving the local community for many years and operates from a 1,000 sq. ft. retail space in a high-traffic area. The business generates approximately $40,000 in gross monthly sales, with a net monthly income of about $4,000. Rent is $3,500 per month, with a favorable lease secured through 2031, plus a 5-year renewal option, providing long-term stability for a new owner.
The store is open daily from 8:00 AM to 11:00 PM and currently operates with one full-time employee, supported by a manageable payroll of approximately $3,000 per month (paid on a cash basis). The business holds an unrestricted ABC license, offering flexibility in product selection, and also features lottery sales averaging approximately $800 per month.
This is an excellent opportunity for an owner-operator or investor seeking a steady, easy-to-manage retail business with growth potential in a densely populated Los Angeles neighborhood.
Listing ID 5630 JH
To get more information about this Liquor, High Vol and low rent, Huge Potentials business for sale in Los Angeles, California please contact Jonathan Hwang (Broker - BRE License #:01995716) at socalvrbb@gmail.com