Liquor Store in Pico Rivera - Absentee Owner

Pico Rivera, CA
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Asking Price:$135,000
Inventory:$35,000
Gross Revenue:$324,000
Rent:$3,950/Month
BUSINESS DESCRIPTION

MONTHLY GROSS: $27,000
MONTHLY RENT: $3,250 + $700 NNN
LEASE TERMS: 4+5+5
STORE SIZE: 2,200 SF.
OPEN HOURS: 8AM-10PM
EMPLOYEES: 1FT
WAGE: $4,300/MO.
EXTRA INCOME: LOTTERY $500, BITCOIN MACHINE $375
OWNER SINCE: 2023
REASON FOR SELLING: OWNER LIVES 1 HOUR AWAY. CANNOT MANAGE TIME.
FINANCING: ALL CASH
NOTE: LOCATED ON A MAJOR STREET WITH GOOD STREET EXPOSURE.
EMPLOYEE RUN STORE. 16 DOOR WALK IN COOLER.
LATINO NEIGHBORHOOD. GREAT POTENTIAL FOR OWNER-OPERATOR.
CLEAN ABC LICENSE.
NET INCOME: BREAK EVEN


DETAILED INFORMATION
Location
Pico Rivera, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,200
Employees
1
Facilities
2200 sf. Located ona major street with great exposure
Competition
Not much competition
Growth & Expansion
Great potential for owner-operator. Current owner lives 1 hour away.
Support & Training
Seller will train
Reason for Selling
Cannot manage due to distance
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Jack Oh