Mom And Pop Beer And Wine Market

Los Angeles, CA
listing image
Asking Price:$149,000
Inventory:$20,000
Gross Revenue:$456,000
BUSINESS DESCRIPTION

The elderly couple running the business is looking to retire. The store currently has limited hours and would benefit from some focused attention to enhance sales. By increasing the operating hours and adding more merchandise, there’s considerable potential for growth. This is a fantastic opportunity to own your own property and become a landlord. The property is listed for $750,000, with a 72% remaining rental upside through interior renovations.


DETAILED INFORMATION
Location
Los Angeles, CA
Inventory
Not Included in asking price
Real Estate
Owned
Facilities
The business owner is separate from the building owner, giving you the opportunity to purchase the rental property.
Competition
upside potential to grow and a chance to purchase the rental property
Growth & Expansion
Needs to extend the operating hours and fill in the store with more merchandise.
Support & Training
2 weeks after closing of the escrow. negotiable
Reason for Selling
retiring
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William
Yoo
Sky Commercial Real Estate
William Yoo