Business For Sale

Grocery Market w/Kitchen-Ability for Onsite Rest.!

Los Angeles, CA
Los Angeles County


Asking Price: Annual Revenue:
$99,000 $420,000

Food & Beverage: Grocery & Food Stores


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RE: Grocery Market w/Kitchen-Ability for Onsite Rest.! Broker: Ryan Clark

Quick Facts

Asking Price: $99,000
Annual Revenue: $420,000
Net Profit: Not Disclosed
Cash Flow: $78,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 58354929
Broker Reference #: AdisGroc

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Business Overview:

This Pico-Robertson area general grocery market boasts an onsite kitchen, complete with a hood, deep fryer, 8 burner stove, a specialty oven, a food prep table and the requisite sinks. This provides the store venue to showcase its retail offerings with an onsite restaurant, with seating for approximately 10 patrons. The kitchen has a 3 door and a 2 door cooler and a 2 door freezer, while the market and restaurant have a warm and hot food display cases, 2 reach in coolers and three aisles of food shelving.

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Property Features and Assets:

This 2,000 square foot facility leases for $4,700 per month on a lease with 1 year remaining and options to be negotiated in the sale. All of the business’s furniture, fixtures, equipment and goodwill will be included in the sale. Inventory need not be acquired as the retail concept may necessarily change.

Market Competition and Expansion:

While competition exists in the area, there is no direct competition for this exact food market and restaurant concept. With that said, management may wish to modify the concept at they deem appropriate. New operators may take this opportunity in any number of directions. Given the market and restaurant venue’s proximity to the Beverlywood Kosher area as well as the Fairfax Ethiopian district, new management may wish to modify the concept to parallel these area favorites. With that said, the venue may also flourish as combination market and restaurant catering to other ethnicities (e.g. Hispanic, Filipino, Thai, Middle Eastern, Caribbean, Italian, British, Russian, etc.) or to those with dietary preferences (e.g. kosher, vegan, gluten free, raw, etc.).

Reason for Selling:

Personal

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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