100% help run Grocery store with high potential

Los Angeles, CA
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Asking Price:$499,000
Inventory:$100,000
Gross Revenue:$1,200,000
BUSINESS DESCRIPTION

The owner has been running this store for 23 years and is ready to retire. The store sells meat, produce, beer, and wine. It has about 1,800 sq. ft of space with extra storage in the back. It also generates extra income from Lotto, water machines, and ATMs. The store is fully staffed (the owner has a health issue). The store has a high profit margin."


DETAILED INFORMATION
Location
Los Angeles, CA
Inventory
Not Included in asking price
Employees
3
Facilities
Store with meat and produce and beer and wine
Competition
Need some renovation for an upside potential
Support & Training
2 weeks after closing of the escrow.
Reason for Selling
Health issue of the owner
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William
Yoo
Sky Commercial Real Estate
William Yoo