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If you buy this Business you definitely will hit the jackpot, it is a cash producing Business, not only you will own a Liquor store with gross sales close to $900K per/yr. But also a Check Cashing Business which is all Profit (from 1-3% per cashing)with Thousands of regular and repeat clients. The Owner will teach you how to go about in a very secure and safe way he is been doing it very successfully for the last 15 years. He works part time at the store and has one full time and 4 part time employees. He's lease will expire this year in November but has 7 more years option to renew. Owner is looking for serious Buyers with at least $500K - $700K liquid cash capital (for the check cashing Business)The liquor store covers all expenses of the store and the Check Cashing gives you the main profit. The store is close to a major Casino and sells huge amount of Beer. This is a great and unique opportunity for anyone with $1.5 million cash in his pocket who likes to double his money within 3 years.
November 2020 plus 7 years option to renew
$5,000 (USD) per annum
Los Angeles California
Its located close to a major Casino with many long time clients
Huge Potential on the Liquor store to Expand (Owner will tell you how)
None in the area
Has other Businesses which demand more attention
7 days a week 8 AM to midnight
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