Neighborhood Great Location Market

Buena Park, CA (Orange County)

Neighborhood Great Location Market
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Asking Price: $150,000

Cash Flow: $85,000

Gross Revenue: $348,000

EBITDA: N/A

FF&E: $0

Inventory: $20,000*

Rent: $1,565 per Month

Established: 1989

*not included in asking price.

Neighborhood Great Location Market

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Business Description

Here is your opportunity to succeed seller has own this Market since 1989. The Market is one of those long established old school neighborhood mini-markets. The store has been serving local families for years and these loyal customers will continue coming for many more years to come.
Store nets $85,000.00 year now but can earn much more. Market has very short hours Monday to Sat. 9am to 8pm Sun 9am to 5pm. When seller was younger he would open much longer hours, now just wants to retire. Store is approx 1200 Sq.Ft. with a excellent rent of only $1,565.00 month. Store also has excellent lottery & lotto income of $2000.00 a month that pays the rent. Very E-Z store to run & very low overhead. Located on a major street in a safe area near Knott’s Berry Farm.

There are many ways to increase the profits. First new owner can open longer hours. Seller has told me City would approval someone to upgrade to a 21 liquor license. Now has a 20 Beer & Wine license. In the future owner could possibly expand to next unit and increase store square footage. Then he can add much more products which would very easily increase the profits.

Detailed Information

Location:
Buena Park, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
N/A
Employees:
1
Facilities:
Large 15 door reach in cooler great location
Competition:
Well Established Market for many years
Growth & Expansion:
Could possibly expand into next door unit in the future to increase product sales and profits. Also maybe add a 21 liquor license
Support & Training:
Yes Seller will train
Reason for Selling:
Retiring
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Tony Magana

Business Listed By:
Tony Magana

BottomLine Business Brokers


Sponsoring Broker:
Bill Corley - BottomLine Business Brokers

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