Location: Los Angeles, CA
Industry: Grocery Stores
Listing ID: 01985330JH
Listing Status: New
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
Accounts Receivable: N/A
FFE Included: Yes
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
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