High Profit Discount Store
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $1300000
Net Profit / Cash Flow $180000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1998
Number of Employees 6 - 9
Inventory 160000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Seller will provide training.
Reason for Sale Other business interests.
Description A very high profit discount store for sale in Downtown Los Angeles. Store size is about 7,000 sq. ft., plus 3,000 sq. ft. storage area, rent $7,300 per square feet. Gross monthly average sales volume $110K per month, 8 employees runt he store. Owner focus mainly on purchasing. Lease has 4 years existing, plus 10 year option. Customers are 80% Latino and 20% of other races. Pretty much steady sales volume for 3 years in a row.
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