Convenience Market – Prime LA County Location

Listing ID - 01985371HP

We present an exceptional opportunity to acquire an established Convenience Market Store in LA County, with a solid history of 32 years, for an asset sale price of just $20,000. This is an ideal venture for a first-time buyer or an experienced owner seeking to expand.

This convenience store boasts an expansive walk-in cooler and offers the potential for a comprehensive product range. This could include snacks, tobacco products, energy drinks, sandwiches, dairy products, eggs, over-the-counter medications, dry and canned goods, meats, produce, sweets, and other household items.

The store previously held a '20 - OFF-SALE BEER AND WINE License', which was withdrawn on 10-18-2022 and subsequently auctioned by the owner. The new buyer may qualify to apply for a Beer & Wine ABC-20 license. While the property owner, who possesses a current Conditional Use Permit (CUP), can guide acquiring an ABC license, they do not offer guarantees.

The new owner also has the option to explore other possibilities, such as the introduction of hot food, subject to the city's approval. The local community eagerly awaits an experienced operator to serve their needs.

Seize this opportunity to become a valued community contributor while owning and operating a lucrative business.

Down Payment: $20,000

Total Sales: N/A

Cash Flow: N/A

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

Inventory: N/A

Year Established: 1990

Owner Hours Per Week: Full Time

Non-Owner Payroll: N/A

Absentee Owner: No

Real Estate: N/A

Monthly Rent: $6,240

Type of Location: Strip Center

Square Footage: 3120