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10029 Vally Blvd

El Monte, CA 91731
  • $270,000
  • STATUS: Active
  • ON SITE: 27 days
  • ID#: RS21105929
UPDATED: 157 min ago
$270,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1936
County:

School Ratings & Info

Description

The seller has been running a liquor store with the couple husband and wife for 31 years. The Liquor was first opened in 1971. The owner has a record of 31 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 storages and a parking lot for convenient inventory loading. Current average sales are $49,000 Net income is $17,000 per month. The current owner wants to sell the store due to retirement. The owner has been running the business for 31 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 $270,000 including inventory. Inventory $30,000.The lease term is 3years and option 3 years NNN.(Property Tax Include) 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 1,800sfLot size 5.449 sf.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-06-14T17:28:47.83. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/117318686
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10029 Vally Blvd El Monte, CA 91731

  • Price: $270,000
  • Status: Active
  • Updated: 157 min ago
  • ID#: RS21105929
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1936
Built
Neighborhood:
619 - El Monte
County:
Los Angeles
Area:
619 - El Monte
Property Description
The seller has been running a liquor store with the couple husband and wife for 31 years. The Liquor was first opened in 1971. The owner has a record of 31 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 storages and a parking lot for convenient inventory loading. Current average sales are $49,000 Net income is $17,000 per month. The current owner wants to sell the store due to retirement. The owner has been running the business for 31 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 $270,000 including inventory. Inventory $30,000.The lease term is 3years and option 3 years NNN.(Property Tax Include) 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 1,800sfLot size 5.449 sf.
Exterior Features

Sign On Property YN No

Interior Features

Building Features Phone SystemTv System

Property Features

Additional Parcels YN No Business Name Armand's Liquor Business Type Liquor Store Exclusions Company Rental ice Cream Refrigerator 2 Ea. Inclusions All Equipments Leasable Area 1800 Lease Assignable YN Yes Lease Renewal Option YN Yes Listing Agreement Exclusive Right To Sell Listing Service Limited Service Listing Terms Cash To New Loan Total Actual Rent 3250 Zoning Emc3

Listing provided courtesy of Edward Oh of Berkshire Hathaway Homeservice


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-06-14T17:28:47.83. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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