Supermarket In Prime Koreatown, High Vol & Net
Los Angeles, CA Los Angeles County
Koreatown
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- RE: Supermarket In Prime Koreatown, High Vol & Net
- Contact: Jonathan Hwang
- License #: 1995716
Quick Facts
| Asking Price: | $549,000 | |
| Annual Revenue: | $1,080,000 | |
| Net Profit: | $180,000 | |
| Cash Flow: | $180,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2001 | |
| Employees: | 4 | |
| BBN Listing #: | 1011024 | |
| Broker Reference #: | 5710 JH |
Business Overview:
Koreatown Neighborhood Market for Sale
Asking Price: $549,000 + Approximately $70,000 Inventory
Average Monthly Gross Sales: Approximately $90,000
Average Monthly Net Profit: Approximately $15,000
Store Size: Approximately 2,800 Sq. Ft.
Location: Prime Koreatown location with high foot traffic and surrounded by dense apartment communities
Excellent opportunity to acquire a well-established neighborhood market located in the heart of Koreatown. The business benefits from outstanding visibility, strong pedestrian traffic, and a loyal built-in customer base from the surrounding residential neighborhoods.
Established for over 25 years, this market is well known within the community and has maintained consistent average monthly gross sales of approximately $90,000, with average monthly net profit of approximately $15,000.
The business is currently owner-operated with the support of 2 full-time employees and 2 part-time employees, making it an ideal opportunity for an owner-operator or experienced buyer seeking a stable and profitable operation with continued growth potential.
In addition to traditional grocery and market sales, the business generates supplemental income through:
* Lottery
* Money transfer services
* Water machine
* Propane gas services
No ABC License.
Reason for Sale: Health issues.
Office ID 5710 JH
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Reason for Selling:
Health Issues. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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