Liquor Store with low rent
Pico Rivera, CA
| Asking Price: | $290,000 |
| Gross Revenue: | $564,000 |
| Rent: | $1,850/Month |
| Cash Flow: | $132,000 |
| Inventory: | $60,000 |
| Established Year: | 1960 |
Listing ID: 2282065Listing provided by BizBuySell
BUSINESS DESCRIPTION
MONTHLY GROSS: $47,000
MONTHLY RENT: $1,850
LEASE TERMS: 2+5
STORE SIZE: 1,400 SF.
OPEN HOURS: 8:30AM-10PM.
EMPLOYEES: FAMILY
OWNER SINCE: FEB 2023
REASON FOR SELLING: MOVING OUT TO RIVERSIDE.
NOTE: LOCATED IN A LATINO NEIGHBORHOOD. PLENTY OF FRONT PARKING.
NO LOTTERY AND EBT. NO ATM. ALCOHOL SALES BETWEEN 8AM-12AM.
GREAT POTENTIAL TO INCREASE BUSINESS WITH LOTTERY AND EBT. NO ATM.
33% PROFIT MARGIN. GREAT FOR 1ST TIME BUYERS WITH FAMILY TO WORK.
DETAILED INFORMATION
Location
Pico Rivera, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,400
Facilities
1400 sf.
Low rent
Competition
Some competition
Growth & Expansion
Current owner does not take EBT and Lottery.
Good potential with lottery and EBT.
Support & Training
Seller will train
Reason for Selling
Moving out of the area
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