1158 E 88th Pl, Los Angeles, CA 90002
Los Angeles, CA$995,000
Property Description
INVESTMENT HIGHLIGHTS
- Goodwill, customer base, inventory, supplier lists, furniture, fixtures, & equipment ALL INCLUDED
- Family-owned for over 20 years with declared sales of more than $140,000 a month as of the end of 2019
- Options to arrange a long-term lease with the current owner of the real estate or to buy the real estate all together with this business opportunity
- Strategically located, highly profitable store with a B&W license, EBT, ATM, CA-Lottery, and a meat market
- Currently owned by investor grossing $91,000 in sales plus $15,000 in lottery sales last month
EXECUTIVE SUMMARY
The seller of this business, who is also the owner of the real estate, is willing to negotiate favorable long-term lease conditions with the new business owner/operator. Likewise, this Business Opportunity could be bought with the real estate which settles on a big 5,124 SF lot and includes the freestanding store plus an ample 3-bedroom and 1-bath house currently located in the same lot. This house is rented and producing $2,300 of additional income a month.
Property Features
- Sale Price: $995,000
- Land Area: 5,124 Sq. Ft.
- Year Built: 1931
- Listing Date: 6/25/2022
