Liquor Store in Densely Populated Area - Business for Sale
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Liquor Store with Check Cashing in South El Monte, CA
South El Monte, CA, US
Added 2 months ago
Liquor Store
21 years in business
Retiring Owner
Retail liquor store with check cashing and lottery income located in South El Monte, Los Angeles County, CA, operating for 21 years in a densely populated business and industrial area.
Key Information
Asking
$300K
Revenue
$360K
Earnings
$138K
Multiple
2.2x
Key Highlights
- Monthly gross sales: $30,000
- Monthly rent: $3,400 (NNN included)
- Store size: 3,000 sq ft
- Employees: 1 full-time
- Monthly wage: $3,000
- Owner since 2005; business established 21 years ago
- Check cashing gross: $600,000+/month, net: $9,000/month
- Lottery income: $2,500/month
- Located in South El Monte, Los Angeles County, CA, on a major street in a densely populated, predominantly Latino area
Contact Info
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