LA High Volume Liquor Store With Check Cashing For Sale

Business description

This absentee owned, high volume Liquor Store and Check Cashing business is an excellent opportunity for anyone seeking to transition into this recession-proof industry. This store is located in a heavily populated & dense area on a major street with ample parking and has very limited competition in the area. The business draws customers from two major freeways which are nearby.
This store was remodeled less than 4 years ago with most of the equipment being newer, top brands and energy efficient. This translates into lower energy costs. The new owner has an additional opportunity to reduce costs by personally working in the store.
The low monthly rent of only $3400 total for approximately 2400 Sq. Ft., makes this an excellent opportunity for a motivated owner to make a good living in these difficult times. State of the art computerized scanning system, and peace of mind is guaranteed with tactically placed bullet proof glass that protects all cash register and counter areas, and security cameras monitoring both customers and employees around the clock.
All revenue and /or cash flow are per the seller and have not been verified by broker. As per Seller, SDE is approximately $85,000+/-. Buyer to complete their own review and be satisfied with their findings. Seller will consider Seller Finance for a qualified buyer.
No further information will be provided without an executed Buyer's Confidentiality Agreement and Buyer Profile faxed or emailed to the listing broker.
Please Contact Vic below to receive Confidentiality Agreement and Buyer Profile.

Property information

Size in square feet:

2400sf

Business Operation

Reasons for selling:

Retirement

Employees:

2

Years established:

1991

Other information

Support & training:

Seller will train at the close of escrow

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller will consider financing for a qualified buyer

Inventory / Stock value:

$75,000