Supermarket – High Vol & Net – Help Run – Type 21 License

Listing ID - 01985330JH

For sale is a supermarket primarily "help run" managed with a Type 21 license.

This lucrative business has consistently been a cash cow.

Boasting a 40% profit margin, the same owner has successfully operated it for 18 years.

Situated on a prominent street with excellent visibility, this establishment benefits from a pristine ABC license and is located in an upscale Hollywood neighborhood.

Prospective buyers can secure an SBA loan with a 30% down payment.

Extra income: Lottery $1,000 monthly avg, ATM $1,000 monthly avg.

Down Payment: $799,000

Total Sales: $3,240,000

Cash Flow: $360,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $200,000

FFE Included: Yes

Inventory: $350,000

Inventory Included: No

Year Established: 1987

Days & Hours of Operation: 7 Days (8am to 10pm)

Owner Hours Per Week: Help Run

Non-Owner Payroll: N/A

Employees: 8

Lease Option: 2 @ 5 Years Option

Real Estate: N/A

Monthly Rent: $31,000

Type of Location: Free Standing

Square Footage: 8100

Reason For Sale:

Partnership