Beer Wine Market in Pico Rivera

Pico Rivera, CA
listing image
Asking Price:$139,000
Gross Revenue:$360,000
Rent:$2,700/Month
Cash Flow:$60,000
Inventory:$50,000
BUSINESS DESCRIPTION

MONTHLY GROSS: $30,000
MONTHLY RENT: $2,700
LEASE TERMS: 5+5
STORE SIZE: 2,500 SF
OPEN HOURS: 8AM-10PM
EMPLOYEES: 1 OWNER AND 1 PART TIME EMPLOYEE
WAGE: $2,200/MO.
OWNER SINCE: 2023
EXTRA INCOME: $300 BITCOIN MACHINE
REASON FOR SELLING: PARTNERSHIP SPLIT
FINANCING: ALL CASH
NOTE: LOCATED ON A CORNER WITH GREAT EXPOSURE.
NO LOTTERY (POTENTIAL TO ADD) FOR MORE BUSINESS.
LATINO NEIGHBORHOOD. 40% PROFIT MARGIN.
NET INCOME: $5,000/MO


DETAILED INFORMATION
Location
Pico Rivera, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,500
Employees
1
Facilities
2,500 sf. with great exposure from the street
Competition
Not much competition
Growth & Expansion
Need to add more inventory and add lottery
Support & Training
Seller will train
Reason for Selling
Partnership Split
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Jack Oh