Liquor, 12 Yrs Biz, Retire, Korea Town, LA.

Vermont, CA
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Asking Price:$299,000
Gross Revenue:$600,000
Rent:$5,500/Month
Established Year:1999
Cash Flow:$78,000
Inventory:$80,000
FF&E:$10,000
BUSINESS DESCRIPTION

This LIQUOR is located in KOREA TOWN. NEIGHBORHOOD CUSTOMERS. The owner works with employees,and after 12 years of running decided to retire.

Monthly Avg gross: $50,000
Monthly rent: $5,500
Lease terms: 5 / 2@3 years option.
Store size: 1,800 sf.
Open hours: 9am-11pm
Employees: 2pt
Wage: $3,000/mo.
Extra income: $2,000 lottery, $150 atm.
Financing: cash only

Note:
Potential to increase business for an owner-operator.
Nice neighborhood.


DETAILED INFORMATION
Location
Vermont, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,800
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Reason for Selling
Retire
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Jonathan
Hwang
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Jonathan Hwang