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#Business ID: 20543

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Huge Potential Mini Mart LA

Business Location: Hollywood, California, United States

Asking Price: BUSINESS SOLD Revenue: $ 336,000 Cash Flow: $ 50,400

Business Summary

Huge Potential Family Owned Mini Mart In Hollywood Area!
Family Owned Mini mart With 21 Years Track Record – $199,995!

Primary Features:
* An Excellent Opportunity To Buy A Busy Mini Mart!
* Store Is In A Prime Location Of The City!
* Hollywood – The Heart Of Los Angeles!
* SERIOUS BUYERS ONLY!
* Located On A Major Street In Hollywood!
* Heavy Drive-by Traffic!
* Less Than One Mile From 101 Freeway!

Benefits:
* This Is A Long Established Business!
* Developed A Royal And Devoted Customer Base!
* Offering Beer, Wine, Tobacco, Grocery Items & More!
* Huge Potential For Growth & Expansion!
* Requires More Motivation And Energy To Grow!
* Recently Added Lottery Scratchers!
* New Owner May Add Western Union, Money Orders and Check Cashing!
* It Will Generate Additional Revenue!
* Store Size Approximately 1100 Square Feet!
* Store Has 12 Door Cooler!

Financials:
* Store Sale: $29,000 a month at 35% profit margin.
* Lotto commissions: $800 per month.
* ATM commissions: $250 per month.
* Phone cards: $700 per month.
* Inventory: Not included, sold separately.
* Rent: 3,600 a month, fixed term ending on 6/2016 with 5 year option to renew.
* SELLER FINANCE IS AVAILABLE!

BIZ Analysis/ Recommendations:
Call Your Representative Today At 1-800-727-2100 Option 1 [Real Estate Department].

Property Details

Years Established:

1990

Property Type:

Lease

Business Operation Details

Employees:

1- part time

Trading Hours:

Mon-Sunday (6:30 AM – 10:00 PM).

Miscellaneous Details

Financing Available:

Yes

Reason For Selling:

Owner health problems.

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