Grocery, Fast Delivery

Los Angeles, CA (Los Angeles County)

Grocery, Fast Delivery
Contact Seller

Asking Price: $899,900

Cash Flow: $290,000

Gross Revenue: $2,000,000

EBITDA: $225,000

FF&E: N/A

Inventory: $120,000*

Rent: $3,944 /Month

Established: 2002

*not included in asking price.

Grocery, Fast Delivery

Save Print Share Valuation Report

Business Description

Profitable, Great Area - Goceries and Liquor w/Delivery

This business is a grocery, deli, liquor and sundries business with both walk-in and fast delivery. Neighborhoods served by 30 minute deliveries include affluent suburbs of Los Angeles. Loyal base of existing customers. Revenues and discretionary earnings are stable and strong.

Detailed Information

Location:
Los Angeles, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
4/28/2028
Employees:
17PT
Facilities:
Physical store with complete FFE
Competition:
Business model is delivery of groceries, deli, liquor and related items within 30 minutes. Pros: Business is very competitive in this space, with top YELP ratings compared to competitors. Excellent deli is a big competitive advantage. Type 21 liquor license is a competitive advantage. Delivery drivers are all employees; drivers are face of the business to established customer base, resulting is customer loyalty. Affluent communities within seven miles is target market. Con: business model makes expanding geographic footprint problematical.
Growth & Expansion:
Pro: This market segment is very popular now. Top YELP ratings compared to other boutique fast delivery competitors. Expansion con: Business will not challenge big nationwide players like Kroeger, Amazon.
Support & Training:
Seller will provide training
Reason for Selling:
Retirement
Contact Seller

Contact the Seller

Contact Seller Loading

Ramon Grijalva

Business Listed By:
Ramon L Grijalva

Venture Advisors Business Sales & Acquisitions

Show Phone Number

View My Listings


Sponsoring Broker:
Richard Schammel

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1495332 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Dogtopia

Franchise Opportunity
Cash Required: 1500000