Description

Turnkey, highly profitable, established Convenience and Tobacco Store for sale in Los Angeles. This store has been in this location since 2010. Residents in the area come here to purchase everything including groceries, cleaning supplies, party supplies, make-up supplies, detergents, men's & women's clothing, tobacco, tobacco paraphernalia and everything in between. The services offered include copy, print, fax and scan, it's a one stop shop for all its customers' needs. The 1,300 SF convenience store generated approximately $40,000 in profits in the first five (5) months of this year or approximately $8,000 per month in income for the semi-absentee owner. During the first fie (5) months, the store had Lottery and Money Gram machines which have since been removed but could easily be brought back. This convenience store even accepts Bitcoin and EBT which allows it to reach a diverse customer base. The store is located near a busy intersection within a strip shopping center with a coin laundry which attracts customers. The owner also installed a full camera security system which can viewed from your phone or computer at any time. There is opportunity to sell beer and wine which could also dramatically increase sales and revenue!

This business has a leased location of 1,150 square feet with a total monthly rent of $2,885. The seller is active in business with 2FT employees. Hours of operation are Monday-Sunday 6am-12am. Included in asking price are $20,000 in Inventory and $2,000 in Equipment and Fixtures. $2,000 in leasehold improvements.

Posted Aug 16, 2016

Did you know that social networking is a great way to buy a business? Sign up now and we'll show you how.

By clicking "Sign Up" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.

Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.