Established Liquor Market At Busy Intersection In Bellflower For Sale

Business description

Established Liquor Market on busy intersection Well established Liquor Market in good neighborhood at busy intersection. Business has ATM and sells Lotto with about $2K extra income monthly. They just started accepting food stamps. The store used to do check cashing of $175K to $200K monthly but stopped 3 months ago since Seller is not on site - might restart as they can make 2% additional about $3000 monthly. Store has a 13 door walkin refrigerator, 3 door wine refrigerator, two double door ice freezers plus 2-3 door refrigerated cases from Coke, Pepsi and 7-up. Space available to add pizza or coffee area. Great opportunity for agressive owner to improve the business. Business did as high as$100K monthly previously.

Property information

Real Estate:

Lease

Lease terms:

Two years remaining plus a five year option. Lease os only about 10% of sales.

Leasehold rent:

$69,600 per annum

Location:

Business is located in 2400 sq ft retail space in shopping center at bust Intersection.

Premises details:

End cap of shopping center with good visibility and parking.

Size in square feet:

2400 sq ft store

Business Operation

Expansion potential:

Business can be expanded by reestablishing check cashing (Business is set-up with bullet proof area) and can add pizza area or coffee area or other product mix.

Competition / Market:

Business is well established with good base of repeat customers

Reasons for selling:

Seller is leaving Area

Trading hours:

Seveb Days from 9AM until 11PM

Years established:

1990

Other information

Support & training:

Seller Will Train

Furniture / Fixtures value:

$75,000 (included in the asking price)

Inventory / Stock value:

$60,000