Market with deli.

Pasadena, CA (Los Angeles County)

Market with deli.

Asking Price:$150,000

Cash Flow:N/A

Gross Revenue:$468,000





Market with deli.

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Business Description

A free standing building on a major Blvd. Densely populated area with lots of apartments, houses, businesses and cars. This location is very walkable as well, so most errands can be accomplished on foot. Established over 30 years, 3 years with current seller, this is a well-known destination in the area. Building size is 3,941 SF, rent is $4,500/MO, and gross sales are $39,000-40,000/MO with a high profit margin of 32-35% and a steady sale increase. It offers all lines of groceries, bakery, deli, in addition to a ready vacant space inside to add a meat section,(without adding this space the rent would be $3,500/ MO) or to expand the business by adding: lotto, money order, checks cashing, ATM etc. Very well equipped: walk-in cooler, freezers, refrigerators, a deli display case, a meat slicer and more. Onsite parking spaces, plus street. Has a bathroom, a private office, with no beer and wine. The store opens 7 days with a long lease available.
This is an absentee run store. Will be great as a family run business. An operator with hands-on will make all the difference and bring this opportunity to its next level. This very desirable location will not last long.

Detailed Information

Bldg.A free standing Bldg. on a major street in Pasadena . Established over 30 years, 3 years with present owner. 3,941 SF, rent is $4,500/MO, gross sales $39,000-40,000/MO with high profit margin 32-35% and a steady sales increase.Offers all lines of groceries, bakery, dairy, deli in addition to a ready vacant space inside that can be used for a meat section or to expand business. Fully equipped with walk-in cooler, freezers, refrigerators, a deli display case, a meat slicer and more This is a 100% help run. Will be great if run by a family, or an operator with hands-on. Very desirable location ,will not last.
Reason for Selling:

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Michael Raad

Business Listed By:
Michael Raad

Century 21 Golden Realty

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