Price: $750,000
Location: Los Angeles County
Industry: Grocery Stores
Listing ID: 01985304NK
Listing Status: New
Listing ID - 01985304NK
Newly opened Hispanic market, part of a chain of stores established 30+ years in Southern California.
They have a 25-year lease, ample parking, high visibility on a major street, and no competition.
The business also sells La Michoacana ice cream, which they manufacture.
Check-cashing and money-wiring booth is subleased.
This business just opened, and sales will continue to grow, as did their other stores.
Beautiful store, very clean and friendly. The sellers are experts in the industry.
Major Expense: Rent-6000, labor-24000, utility-2000, ins/wc-1000, gross profit 40%, supplies-2000, credit card fees-600.
Down Payment: $750,000
Total Sales: $1,620,000
Cash Flow: $180,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
Inventory: $100,000
Inventory Included: No
Year Established: 2022
Owner Hours Per Week: 0
Non-Owner Payroll: N/A
Employees: 8
Absentee Owner: Yes
Lease Option: 4X5
Real Estate: N/A
Real Estate Included: No
Monthly Rent: $6,000
Square Footage: 2400
Reason For Sale: Build To Sell
