Asian Market with Kitchen

Cathedral City, CA (Riverside County)

Asian Market with Kitchen
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Asking Price: $425,000

Cash Flow: $125,000

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: $130,000

Inventory: N/A

Rent: $4,222 per Month

Established: 1987

Asian Market with Kitchen

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Business Description

Well Established, Loyal Clientele!

One of only a few Asian Markets in the Coachella Valley, this business features a full line of Asian grocery products, fresh produce and seafood, housewares, and much more. A full kitchen compliments the market offering delicious eat-in and take-out food. Catering may be an option a new Owner wishes to explore.

Attached Documents


Detailed Information

Location:
Cathedral City, CA
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
N/A
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is located in a high volume signalized corner in a neighborhood shopping center and occupies 2,500 SF of the 14,850 SF center. An attractive lease is in place with a five (5) year option period.
Competition:
In business since 1987, this specialty market has a loyal following of repeat customers. One of possibly 2 Asian Markets in the Coachella Valley.
Growth & Expansion:
The kitchen has been in operation for 2 years for take out and dine in service. There is a great potential for catering which can be operated out of the kitchen without interfering with the daily store needs.
Support & Training:
Owner(s) will offer support for 4 weeks after close of escrow.
Reason for Selling:
Retirement/Other Business Interests
Business Website:
http://cabizopps.com
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Michael Manion

Business Listed By:
Michael Manion

Manion & Associates, Inc.

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The California Association of Business Brokers (CABB).

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Ad#:1760149

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