Hispanic Market - Part of a Chain

Not Disclosed, CA
Los Angeles County


Asking Price: Annual Revenue:
$550,000 $1,450,000

Food & Beverage: Grocery & Food Stores


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RE: Hispanic Market - Part of a Chain Broker: Agent on Duty
License #: 01995716

Quick Facts

Asking Price: $550,000
Annual Revenue: $1,450,000
Net Profit: Not Disclosed
Cash Flow: $170,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2022
Employees: 8
BBN Listing #: 559055232
Broker Reference #: 5304 NK

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Business Overview:

Listing # - 5304 NK

For sale is a newly opened Hispanic market, part of a chain of stores established 30+ years in Southern California.

They have a very valuable 25-year lease with 2% anual increases, 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 - $6,000, labor - $24,000, utility - $2,000, insurance/wc - $1,000, gross profit 40%, supplies - $2,000, credit card fees - $600.

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Reason for Selling:

Build To Sell.

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:

Relevant Links:

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