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Los Angeles

  • Listing No.: 130-00166

  • Category: Convenience

Asking Price $45,000
Down Payment $0
Gross Revenue $204,000
Total Adjusted Net Income $72,420
Equipment/Fixtures $3,500
Year Established 2013
General Location Los Angeles
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Owner-operated, Profitable Convenience Store located in Los Angeles! The convenience store is surrounded by a neighborhood and offers convenience items, snacks, beverages, and clothes. The business has an easy operation and is ready for a new owner. This business is open 7 days a week with limited hours from 8:00am to 8:00pm. Seller states the gross sales are $204,000 per year with a net income of $72,420 (buyer to observe and/or verify). This store is a corner location and is an easy operation to run with no employees. The store has plenty of room and services loyal customers, walk-in customers, and is on a main road for drive by traffic. In addition to being located in a convenient location in close proximity to a neighborhood, and the freeway, the store has been at the present location for 5 years and comes with a great lease. FF&E are included in the sale. No financial records will be provided. Seller is selling due to leaving the country. Inquire now!

Gross Revenue $204,000 Listed Price $45,000
Total Income $72,420 Down Payment $0
Base Rent $1,100 Square Feet 1400
Total Rent $1,100 Lease Expiration 3/2021
Rent Deposit $0 Lease Options 1 / 3 year
Inventory $5,000 Leasehold Improvements $2,000
Equipment/ Fixtures $3,500 Other Assets Sub-lease is a Cannabis business, Buyer is to verify all licensing.
Full-Time Employees 0 Training Period One Week
Part-Time Employees 0 Special License Required
Contract Staff 1 Reason for Selling Seller needs to go out of the country.

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.