Business For Sale

Asian Grocery Store With Takeout Kitchen

Cathedral City, CA
Riverside County

Cathederal City


Asking Price: Annual Revenue:
$452,000 $1,123,000

Food & Beverage: Grocery & Food Stores


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RE: Asian Grocery Store With Takeout Kitchen Broker: Michael Manion
License #: 01256725

Quick Facts

Asking Price: $452,000
Annual Revenue: $1,123,000
Net Profit: Not Disclosed
Cash Flow: $158,000
Total Debt: Not Disclosed
FF&E: $125,000
Real Estate: Not Disclosed
Year Established: 30
Employees: 5
BBN Listing #: 631054110
Broker Reference #: Not Disclosed

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Business Overview:

Profitable with Upside Potential! Highly established, family-owned Filipino grocery store with kitchen. Over 30 years in business with limited nearby competition and a loyal, repeat customer base. The store features a full line of Asian grocery products, fresh produce, housewares, and much more. Last year, a kitchen was installed and the store now offers eat in and take out food items. The store is well located at a major intersection with ample parking.

Price Reduction: Don’t miss out on this outstanding opportunity!

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Property Features and Assets:

Important Notice: This is an operating business and a confidentiality agreement is required prior to releasing additional information. Interested parties must complete and return the attached Non-Disclosure Agreement to receive additional detailed information pertaining to the business.

Market Competition and Expansion:

Limited Competition. This store is one of only two family-owned Asian markets in the Coachella Valley. The seller believes a selection of Asian beers and wines would increase sales volume and profitability. The takeout menu is still relatively new and has not been heavily advertised or promoted.

Reason for Selling:

To Retire.

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.

Documents:

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