Liquor/Convenience Mart - Great Buy
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Background
| BizEx ID: | BizEx618-AK |
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| General Location: | Lynwood, CA |
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| Category: |
Convenience Stores
Liquor Stores
|
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| Years in Business: | 39 |
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| Under Present Owner: | 9 |
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| Hours of Operation: | sun-thur 9am-11pm, fri & sat 9am-1am |
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| Owner Hours: | 9-5 wed-sat and mon |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | 5/2014 |
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| Lease Options: | none |
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| Building Size: | 2,200 |
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| Employees: | 3 |
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| Reason for Sale: | Other Business Interests |
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Financials
| Asking Price: | $214,500 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $620,000 |
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| Discretionary Cash Flow: | $106,000 |
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| FF&E: | $50,000 |
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| Inventory Included? | |
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| Inventory: | $40,000 |
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| Min. Operating Capital: | $32,000 |
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| Real Estate Available? | No |
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| Rent: | $2,000 |
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| Payroll: | $1 |
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| Financing: | Call |
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|
2012 |
| Gross Sales |
$ 620,000 |
| Gross Profit |
$ 217,000 |
| Disc. Earnings |
$ 106,000 |
