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Liquor/Convenience Mart - Great Buy

BizEx618-AK

Background

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

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Arthur B. Kessler
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rel, CA 90292
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004