Grocery Market

Long Beach, CA (Los Angeles County)

Grocery Market

Asking Price:$650,000

Cash Flow:$372,000

Gross Revenue:$2,680,000,000





*not included in asking price.

Grocery Market

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Business Description

Monthly gross $200,000 based upon tax return.
Hour 7:30 -9:00 pm
Average profit 33% and extra income $6,000 monthly
Lease 7 years to go at $7,600 monthly
additional 10 years
Net operating income : $372,000
Cash down : $250,000
Loan payment : $63,600
Cash flow: $ 308,400
Cash on cash : 123%

For more details: Joseph Kim

Detailed Information

Not included in asking price
8FT+ 2PT
Store 7,990sf, land 25,000sf
Support & Training:
Seller will do
Reason for Selling:
to be retired
Business Website:

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Joseph Kim

Business Listed By:
Joseph Kim

New Star Realty

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