Liquor Store for Sale in Koreatown, Los Angeles - Established 12 Years - $269,000 Asking Price

This listing is for a well-established liquor store located in the bustling Koreatown neighborhood of Los Angeles, California. With 12 years of successful operation, the business has cultivated a loyal customer base within the surrounding community. The current owner is retiring, presenting a prime opportunity for a new entrepreneur to acquire a thriving business. The store generates an average monthly gross revenue of $50,000, translating to $600,000 annually, with a reported cash flow of $78,000. Additional revenue streams include $2,000 per month from lottery sales and $150 per month from an ATM. The premises span 1,800 square feet and operate daily from 9 am to 11 pm. The business is supported by 2 part-time employees. The asking price is $269,000, which includes $80,000 in inventory and $10,000 in FFE. The monthly rent is $5,700, with a lease term of 5 years plus two 3-year options. Financing is available for cash buyers only. This is a turnkey opportunity for an owner-operator looking to step into a profitable, established business.