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