Price: $780,000
Location: Orange County, CA
Industry: Grocery Stores
Listing ID: 01985516NK
Listing Status: New
High-volume Hispanic market for sale, part of a well-established chain in Southern California with over 30 years in business. The store offers a diverse range of products, including fresh meat, produce, and groceries, along with additional services such as check cashing. It also features a fully-equipped kitchen with seating, offering a fast-casual menu.
Recently remodeled with state-of-the-art equipment and fixtures, this market is a turnkey operation. The sellers are seasoned industry experts known for selecting prime locations and providing the freshest, highest-quality products.
Major expenses:
Rent: $7,000
Utilities: $4,000
Labor: $28,000
Food costs (55%): $90,000
Credit card fees: $1,650
Insurance/Workers' Comp: $3,600
Down Payment: $780,000
Total Sales: $2,000,000
Cash Flow: $240,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
Inventory: $100,000
Inventory Included: No
Year Established: 1995
Days & Hours of Operation: open 7 days-7:30am-8:30pm
Owner Hours Per Week: Part Time
Non-Owner Payroll: N/A
Employees: 9
Managers: 1
Absentee Owner: No
Lease Option: 5 Years Option
Real Estate: N/A
Monthly Rent: $7,000
Type of Location: Strip Center
Square Footage: 2700
Relocatable: No
Reason For Sale: Capital for franchise business
