High Gross, Low Rent, Well Established Convenience Store for sale!

Los Angeles, CA (Los Angeles County)

High Gross, Low Rent, Well Established Convenience Store for sale!
Contact

Asking Price: $349,999

Cash Flow: $300,000

Gross Revenue: $600,000

EBITDA: $300,000

FF&E: $0

Inventory: $50,000

Rent: $3,000 per Month

Established: 2004

High Gross, Low Rent, Well Established Convenience Store for sale!

Save Print Share Valuation Report

Business Description

High Visibility Convenience Store with transferable ABC Alcohol Lic.

Don't Miss this opportunity to become a Business Owner in the great city of Los Angeles! Amazing opportunity to own a High Gross, Low Rent, Well Established, High Visibility Convenience Store with transferable ABC Beer & Wine License!

Nestled between residential and business areas, this highly visible gem with high foot-traffic, is a short walking distance from local residences, parks, schools, and City Center. Near the Banc of California stadium, USC, Memorial Coliseum, WSS, Exposition Park.

- Seen by 20,000+ Cars Daily, Hard Corner, Superior Visibility
- Other Key Tenants in Shopping Center include hair salon/ barbershop, busy bike store.
- Neighboring Businesses Include - WSS, Autozone, Laundromat, and More!
- Densely Populated Location with Over 40,000+ People Living within 1-mile and 400,000+ Living within 3-miles

FINANCIAL HIGHLIGHTS:
Gross Revenues F.Y. 2021: +$600,000 (call agent for more info)
Gross Revenues DO NOT include Lotto Sales

Rent: $3,000.00

1000+ sq ft of Leasable space
Inventory, equipment and machinery included in sale.
Transferable Licenses and Permits. Valid in the city of Los Angeles.

Buyers are invited to request and execute an N.D.A, provide Proof of Funds for additional information.

Employees, Customers, Vendors, Etc.. are unaware of this business being offered for sale. Kindly utilize utmost discretion.

Detailed Information

Location:
Los Angeles, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
4/30/2023
Employees:
2
Facilities:
1000+ sq ft of Leasable space Inventory, equipment and machinery included in sale. Transferable Licenses and Permits. Valid in the city of Los Angeles.
Competition:
Prime Location
Growth & Expansion:
- Seen by 20,000+ Cars Daily, Hard Corner, Superior Visibility - Other Key Tenants in Shopping Center include hair salon/ barbershop, busy bike store. - Neighboring Businesses Include - WSS, Autozone, Laundromat, and More! - Densely Populated Location with Over 40,000+ People Living within 1-mile and 400,000+ Living within 3-miles
Support & Training:
7 day on boarding if needed
Reason for Selling:
Retiring
Contact

Contact Form

Send Message Loading

By clicking the button, you agree to BizBuySell’s  Terms of Use and Privacy Notice


Business Listed By:
JOSE TORRES

Report an issue with this listing

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1971513

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Mosquito Joe

Franchise Opportunity
Cash Required: $50,000