Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Listed by:

X-Change Realty

Broker license number: DRE # 01920329

Cash Producing Business And Liquor Store In Los Angeles For Sale

Los Angeles, California - South, US
Asking Price:
$1,500,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1M - $5M (USD)
Cash Flow:
$500,000 (USD)

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.

Property Information

Real Estate:

Lease

Lease Terms:

November 2020 plus 7 years option to renew

Leasehold Rent:

$5,000 (USD) per annum

Location:

Los Angeles California

Premises Details:

Its located close to a major Casino with many long time clients

Size in square feet:
3800 store

Business Operation

Expansion Potential:

Huge Potential on the Liquor store to Expand (Owner will tell you how)

Competition / Market:

None in the area

Reasons for selling:

Has other Businesses which demand more attention

Trading hours:

7 days a week 8 AM to midnight

Employees:
5
Years established:
2005

Other Information

Support & training:

Owner will train

Financing available:

All cash - Principles only with cash

Furniture / Fixtures value:
$50,000 (USD) - included in the asking price
Inventory / Stock value:
$200,000 (USD)
Related Documents:

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to X-Change Realty. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here