1429 Cherry Avenue,Long Beach,Los Angeles,BusinessOpportunity

$ 450,000
1429 Cherry Avenue,

Overview

  • Updated On:
  • May 7, 2024

Property Description

This is one of the very profitable business in operation for over 40 years and about 5 years with current owners. Property is about 3,800 square feet on about 8,000 sq.ft of lot offering lot of parking for customers. Landlord will provide 5 years of new lease plus some options depending up on circumstances. The business revenues comes as : 50% from Meat section and remaining 50% Beer/Wine and Groceries. Business operates from 9 am to 8 PM Mon-Sun. It also has additional income of about $ 190,000 plus per year.

Address: 1429 Cherry Avenue
State/County:
Zip: 90813
Country: US
Open In Google Maps
Property Id : 154219
Price: $ 450,000
BusinessType: LiquorStore
BuildingAreaUnits: SquareFeet
BuyerAgencyCompensation: 3.000
BuyerAgencyCompensationType: Item1
ContractStatusChangeDate: 2023-08-18
Directions: Off 91 Freeway and Cherry avenue
CumulativeDaysOnMarket: 217
DaysOnMarket: 217
$ 2,307.24
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,744.74
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