High Profit Discount Store

Business Summary:
A very high profit discount store in Downtown Los Angeles. Store size is about 7,000 sq. ft., plus 3,000 sq. ft. storage area, rent $7,300 per square feet. Gross monthly average sales volume $110K per month, 8 employees runt he store. Owner focus mainly on purchasing. Lease has 4 years existing, plus 10 year option. Customers are 80% Latino and 20% of other races. Pretty much steady sales volume for 3 years in a row.