The seller has been running a liquor store with the couple husband and wife for 32 years. The Liquor was first opened in 1964. The owner has a record of 32 years of sales and an accurate tax return record. The store features steady sales every month, and there are a lot of old regular customers. In addition, a facility with hundreds of low-income senior apartments managed by El Monte City will soon be completed. It is right in front of the store. Also, since there are no competing stores around, sales are always on sale. Satisfied. We have a private office, kitchen, toilet, and shower. There are 3 storage and a parking lot for convenient inventory loading. Current average sales are $49,000 Net income is $12,000 per month. The current owner wants to sell the store due to retirement. The owner has been running the business for 32 years without any accidents or violations. All equipment in the store is in excellent condition. If you are looking for a stable income, choose this store, it will be your best investment. It is on sale for $240000 including inventory. Inventory $30,000.The lease term is 3 years and option 3 years Sigle NNN-Net lease. A lease extension is no problem at all, This is because the building owner sincerely wants to continue the Liquor Store. Don't miss a good store. It is a store located in the three-way corner of the independent building. Store size 1,800sf
Lot size 5.449 sf.
Full Property Details
Full Property Details for Vally Blvd
MLS ID: RS21105929
Days on Market: 151 days
Added: 162 day(s) ago
Name: Armand's liquor
Business Type: Liquor Store
Year Established: 1971
County: Los Angeles
Driving Directions: Vally Blvd and Baldwin Ave East Coner
Building Size: 5449
Square Feet: 5,449
Year Built: 1936
Year Built Source: Public Records
Lot Size Source: Assessor
Price Per Sq. Ft.: $44
Disclosures and Reports
Buyer’s Brokerage Compensation: 2%
Exclusions: Company rental ice cream refrigerator 2 ea.
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Vally Blvd, El Monte, CA 91731 (MLS# RS21105929) is a
Vally Blvd is currently listed for $240,000 and was received on May 16, 2021.
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