NOT DISCLOSED, California
| Asking Price |
$487,000 |
Year Established |
2000 |
|
| Annual Revenue |
$1,200,000 |
Reason for Selling |
Too Many Businesses |
|
| Annual P/L |
$180,000 |
Attention |
Neil Kaplan |
|
| Annual Cash Flow |
$180,000 |
Listing Number |
1009757 |
|
| # of Employees |
3 |
Business Category |
Food & Beverage: Grocery & Food Stores |
|
Business Overview:
Well-established Hispanic market operating as part of a highly successful multi-unit chain with over 30 years of proven operations and strong brand recognition. The business benefits from an established customer base and consistent foot traffic within the community.
The market offers a wide selection of fresh produce, quality meats, and authentic Latin American grocery items. The store features a clean, efficient layout, including a well-positioned full-service meat department (carnicería), an organized dry-goods section, refrigerated display cases, and a popular hand-dipped La Michoacana ice cream selection.
A pending off-sale beer and wine license presents an excellent opportunity for additional revenue and increased margins.
Key Financial Highlights:
* Gross Profit: ~40%
Major Expenses (Monthly):
Rent: $7,100, Payroll: $13,000, Utilities: $2,000, Credit Card Fees: $450, Insurance: $1,100, Supplies: $1,200, Internet: $100
This is an excellent opportunity for an owner-operator or experienced operator looking to acquire a well-branded, turnkey market with growth potential.
Office ID 5700 NK
Property Features and Assets:
Market Competition and Expansion:
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