$750,000

Los Angeles County
DESCRIPTION

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.

LISTING DETAILS

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

OPERATION

Year Established: 2022

Owner Hours Per Week: 0

Non-Owner Payroll: N/A

Employees: 8

Absentee Owner: Yes

Lease Option: 4X5

LOCATION

Real Estate: N/A

Real Estate Included: No

Monthly Rent: $6,000

Square Footage: 2400

SUMMARY

Reason For Sale:

Build To Sell

Agent Details

HEMENDRA PATEL

  • (562) 230-1193

NDA Form

Please fill up required information in NDA form & sign it and send it to email: harrypatelvrbb@gmail.com

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