Description This merchant is arguably the highest grossing tobacco retailer in LA County. The high traffic location and 35-year history has made them a consistent high earner. The current owner has operated the business for the past 7-years. He operates numerous unrelated business interests and spends a minimum amount of time at the location. It can effectively be operated as an absentee owner if desired.
Operating costs are minimal. A sophisticated POS system tracks the high volume of cash transactions. The current staff of full and part time employees is very stable and willing to remain. The 7-day / week operating schedule consistently generates $30,000 + a week in revenue. The owner is focused on growing his much larger business interests and is prepared to sell this cash cow.
A purchase price of $275,000 will generates an enormous Return on Investment. This will not likely last for long. For more information, please email or contact Fred Mercuro at 818-342-5222 x341.