Mom and Pop shop!!
Business Description
Longtime owners navigating into the cocktail hour of their lives. New blood here can prosper and continue operating this legacy-rich buisness. Regular and loyal customer base. Prime location near city hall and a thriving, new master-planned residential/commercial bustling downtown development. Its getting to be the coolest commercial area nearby with eclectic shops, a cool vibe apartment community above commercial and with plenty of eateries and pubs within walking distance. Development should continue to expand over time outward, just as it did in downtown Culver City. Operated for decades in the same location, this neighborhood landmark store is ready for new blood to raise it to glory. Current owners have served up to 3-generations of locals and are looking forward to more simple times to enjoy family in retirement. The continuous drop-in traffic enjoy the additional options of: Beer/Wine plus Lotto tickets and Scratchers. Store also has a restaurant license (formerly, they prepared deli-type sandwiches and salads). Let's put a deal together! Sellers very willing to negotiate.
About the Business
- Years in Operation
- 35
- Employees
- 0
- Facilities & Assets
- Bathroom and small kitchen facility in the back. 7-door cooler. Straight-in parking. Other shops generate traffic benefitting this business. Current lease expires in early 2026, new lease will need to be negotiated with landlord. Lease amount includes CAM fees. It's time to freshen up the store.
- Market Outlook / Competition
- There is always competition. It's up to you to figure out how to stand out. This is your opportunity. Are you up to it? How bout make it the "go-to" for niche beers and wines!! Become the local beer and wine guru and let it be known. Make it known that a Millionaire was made here from Lotto!!
- Opportunities for Growth
- Offering morning coffee, donuts and/or toasted bagels would be an easy add. With an improved wine and/or beer selection this store could draw much more attention after the word got around. Staying open at night and on Sundays would obviously generate more revenue. As you grow and an adjacent shop becomes available...expand!
Have a drawing.....buy $20 of product (new customers only) and get a chance to get 100-lottery tickets free? Get them to apply so that you can have their email addresses to alert them about future events, products and discounts.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 735
- Rent
- $2,200.00 per month
- Lease Expiration
- 3/31/2026
About the Sale
- Seller Motivation
- It's time to slow down and enjoy retirement.
- Transition Support
- Sellers are very willing to assist buyer in transition including a hand-off notification to their loyal customers of over 30-years to help assure the success of the new owner. We will have Lotto officials come to the store to train the buyer also.
Listing Info
- ID
- 2292079
- Listing Views
- 2973
Listing ID: 2292079 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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