An Exclusive Asian Supermarket in University Town

VA

Seller Financing Available
An Exclusive Asian Supermarket in University Town

Asking Price:$250,000

Cash Flow:N/A

Gross Revenue:$1,300,000

EBITDA:N/A

FF&E:N/A

Inventory:$100,000*

Rate/Sq. Ft.:N/A

Established:1994

*not included in asking price.

An Exclusive Asian Supermarket in University Town

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Business Description

AP: $250,000.00 Plus Inventory $100,000.00
11000 sq. ft. of the exclusive Asian supermarket in town.
It has been established since 1994, and has strong regular clientele. Also increasing more Asian population in town every year.
$1.3M gross sale and good margin.
Walk-in cooler, freezer, drink coolers, frozen food freezers, 26ft truck,
4yr + 5yr option left

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
11,000
Lease Expiration:
N/A
Employees:
5 part, 1 full
Facilities:
11000 sq. ft. of Asian grocery with a huge storage area and walking cooler and freezer.
Competition:
one small Asian convenience store
Growth & Expansion:
A huge potential, more Asian population increasing in town. This store is the largest Asian supermarket in town and great reputation for last 22 years.
Financing:
30%-40%
Support & Training:
4 weeks
Reason for Selling:
Retiring

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Young Hwang

Business Listed By:
Young Hwang

FR Commercial

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