Market - Established 40 Yrs. - B/W - Hi Net!

Los Angeles County, CA

Market - Established 40 Yrs. - B/W - Hi Net!
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Asking Price: $385,000

Cash Flow: $222,000

Gross Revenue: $565,000

EBITDA: N/A

FF&E: $30,000

Inventory: $45,000

Rent: $4,360 per Month

Established: 1981

Market - Established 40 Yrs. - B/W - Hi Net!

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Business Description

Market - Established 40 Yrs. - B/W - Hi Net!

Listing # - 5006 JR

Established Hispanic Market for over 40 years with beer & wine providing goods and services to a densely populated Hispanic neighborhood, business provides groceries, produce, meat, wire transfers, check cashing, Bill Payment Center, Lotto, and SNAP.

Market situated in a 3000 sq. ft. free standing building with parking for 8 cars, with rent at $4,350 mo. and a new 5 year and 5 year option available.

Market has a 7 door reach in walk-in cooler, 1 meat walk-in cooler, 20 ft. produce cooler, 20 ft. meat display case, kitchen with hood and stove, steam table and all equipment used in the meat department.

Monthly expenses Rent 4350, Payroll 6000, Elect. 1500, Gas 300, Phone & Internet 200, Ins. 160. Gross Profit 35%.

Detailed Information

Location:
Los Angeles County, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
11/30/2022
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Reason for Selling:
Retiring
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William Park

Business Listed By:
VR Business Brokers

VR Business Brokers

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#:1807568

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