Market for Sale in Koreatown
Los Angeles, CA
Great business opportunity in Korea-town on a high-traffic count area. This local convenient market sells about $1,500,000 worth of good, beer and light alcohol beverages per year. Annual cash-flow averages about $180,000-200,000 per seller. Additional lottery income. This corner market carries a variety of products like fresh fruits, vegetables, meat, snacks, stationary items, detergent and cleaning products, canned/bottled food, dry food, rice, beans, frozen food, ice cream, beer, wine coolers, cheese and variety of dairy products, toys, gifts, lottery and so much more. Other features include an additional 1200 Sq.Ft. storage warehouse, security camera system, and key service. Market is consist of 3 property lots - 4025, 4027, and 4029 Beverly Blvd. Sale of the business will include all fully-paid off, un-branded freezers, beverage coolers, vegetable coolers, milk cooler, walk-in vegetable cooler, meet storage case, 6-door beer cooler, refrigerators, stove, and camera system. Current lease is still valid until 2023. Landlord will provide new lease at new rental rates for up to another 5 years with another 5 years option - possible new 10 years lease.