Liquor Store - 12 Years in Business - Retiring - Koreatown, Los Angles
Los Angeles, CA
| Asking Price: | $289,000 |
| Gross Revenue: | $600,000 |
| FF&E: | $10,000 |
| Cash Flow: | $78,000 |
| Inventory: | $80,000 |
| Established Year: | 1999 |
Listing ID: 2228849Listing provided by BizBuySell
BUSINESS DESCRIPTION
Listing # - 5464 JH
This well-established liquor store is ideally situated in the vibrant neighborhood of Koreatown.
It boasts a loyal customer base from the surrounding community.
After 12 years of successful operation and hands-on management alongside dedicated employees, the current owner has decided to retire.
This presents a fantastic opportunity for a new owner to take over a thriving business in a bustling area.
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
DETAILED INFORMATION
Location
Los Angeles, CA
Inventory
Not Included in asking price
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Reason for Selling
Retiring
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