Beer and Wine Market in East Los Angeles

Los Angeles, CA
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Asking Price:$150,000
Established Year:2023
ASSET SALES DESCRIPTION

Here lies a beer and wine market with an active type 20 beer and wine sales license and lottery sales. This store also has an upstairs 2 bedroom, 2 bath unit. Owner might consider selling the entire real estate.
Annual Gross: $456,000
Monthly Gross (Merchandise): $38,000
Monthly Gross (Lotto): $1,200
Rent Monthly: $2,200

This corner store is the only establishment that sells beer and wine, ensuring a steady stream of local customers.
Key Features:
Prime Location: Situated in a residential/commercial area with excellent corner visibility.
Exclusive License: Type 20 beer and wine license in good standing.
Mixed-use Setting: Surrounded by residences and businesses with a 2 BR/2 BA unit upstairs
Potential for Growth: Start with this store and expand or add to the portfolio
Store is currently open for business.


DETAILED INFORMATION
Location
Los Angeles, CA
Facilities
2 car parking
Financing
No seller financing. Cash or loan only.
Reason for Selling
Retired
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David
Franklin
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David Franklin