High volume liquor store with check cashing

South El Monte, CA (Los Angeles County)

High volume liquor store  with check cashing
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Asking Price: $1,250,000

Cash Flow: $324,000

Gross Revenue: $900,000

EBITDA: N/A

FF&E: $0

Inventory: $120,000*

Rent: $5,341 per Month

Established: 2020

*not included in asking price.

High volume liquor store with check cashing

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Business Description

** MONTHLY GROSS: $75,000
** MONTHLY RENT: $4,757 + $584 NNN
** LEASE TERMS: 13 + 5 (2% INCREASE PER YEAR)
** STORE SIZE: 3,900 SQFT.
** REASON FOR SELLING: MOVING OUT OF THE STATE.
** PART TIME OWNER RUN.
** 35%~40% PROFIT MARGIN.
** LOCATED IN A MAJOR STREET AND VERY VISIBLE.
** SELLER SPEND OVER $300K REMODEL THE WHOLE STORE.
** 29 DOORS COOLER.
** LOCATED IN DENSELY POPULATED AREA.
** LOTS OF POTENTIAL BY ADDING MORE INVENTORY..
** MANY CONSTRUCTION BUILDING MULTIPLE UNITS .
** HIGH VOLUME CHECK CASHING OVER $750K/MO AND INCREASING.
** SURROUNDED BY LOTS OF BUSINESS AND WAREHOUSE BUILDING.
** MONTHLY SALES ARE ON THE UPSIDE TREND.
** HAS EXCELLENT RECORDS OF FINANCIALS AND CUSTOMER’S DATA BASE.

Detailed Information

Location:
South El Monte, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,900
Lease Expiration:
N/A
Facilities:
** LEASE TERMS: 13 + 5 (2% INCREASE PER YEAR ** STORE SIZE: 3,900 SQFT.
Competition:
SELLER HAS KEEP GOOD BOOKS AND RECORDS FOR THE BUSINESS.
Growth & Expansion:
GREAT POTENTIALS WITH MORE INVENTORY.
Support & Training:
SELLER WILL TRAIN AND SUPPORT.
Reason for Selling:
MOVING OUT OF THE STATE.
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Peter Chai Hui Shaw

Business Listed By:
Peter Chai Hui Shaw

Power Realty & Investments


Sponsoring Broker:
Jack Oh

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