Business Overview:
Price reduced for quick sale! This convenience store/food market is located in Pasadena, facing a major intersection with high visibility. Large customer base from over 3,000 surrounding apartments. Store offers groceries, a fresh vegetable section, an extensive meat section and a fresh seafood area. A deli serves up sandwiches, Tex-Mex hot meals and delicious pizza. Other revenue streams come from Lottery ticket sales, an ATM machine, Money Order sales, Money Transfer service, Phone Card sales, Food Stamps and game machines. Fully equipped kitchen. Asking price includes $35K of inventory. Previous sales averaged $90K per month. Current owner is semi-absentee and sales have dropped to $52K per month. Needs full time owner/operator to build revenues back up. Growth potential from addition of check cashing and bill payment services. Profitable business! Excellent location! Do not pass up this great opportunity. Please refer to CBB Listing #7476HP
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
4,800 sq. ft. facility in shopping center. Fully equipped kitchen. Asking price includes $50,000 of inventory.
Market Competition and Expansion:
Full time owner/operator.
Add check cashing, bill payments.
About to be done with road construction in approximately 2 months.
Reason for Selling:
Health reasons - need to pay medical bills.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: