Market with Beer & Wine in Los Angeles
About this business for saleMarket with Beer & Wine in Los Angeles
Highly profitable convenience store is located in high density Hispanic area. This market sells meat, produce, grocery and convenience items. This is a 2,900 sq. feet independent building with great lease. This is a 30 year established business. There is additional income of about $1,500 a month from Lotto, Check cashing, Money Orders and phone cards. These additional income sources have been added recently and have high growth potential. This store has beer and wine license. Price includes $25,000 in fixtures and equipment. Owners have to move out of state and are highly motivated. Owners will consider all reasonable offers for a quick sale.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.