Hi Volume Super Market with liquor license

Downey, CA (Los Angeles County)

Hi Volume Super Market with liquor license
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Asking Price: $899,000

Cash Flow: $180,000

Gross Revenue: $2,280,000

EBITDA: N/A

FF&E: N/A

Inventory: $150,000*

Established: N/A

*not included in asking price.

Hi Volume Super Market with liquor license

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Business Description

** MONTHLY GROSS: $190,000
** MONTHLY RENT: $8,500
** LEASE TERMS: 2+5+5 (longer term negotiable)
** STORE SIZE: +-7,000 SF
** OPEN HOURS: 7AM-10PM.
** EMPLOYEES: 6 FT, 6 PT
** WAGE: $32,000/MO.
** EXTRA INCOME: $1,100 LOTTERY
** REASON FOR SELLING: LOOKING FOR A HIGHER VOLUME STORE.
** GREAT LOCATION WITH PLENTY OF PARKING.
** DENSELY POPULATED LATINO AREA. FULL LIQUOR LICENSE.
** SBA LOAN WITH 30% DOWN. ROOM TO REDUCE PAYROLL.
** FULL SERVICE SUPER MARKET WITH LIQUOR LICENSE,
** MEAT DEPT, PRODUCE AND HOT FOOD.
** PART TIME OWNER. OWNER HAS 4 OTHER BUSINESSES.
** VERY LITTLE COMPETITION

Detailed Information

Location:
Downey, CA
Inventory:
Not included in asking price
Employees:
12
Support & Training:
2 weeks
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Jack Oh

Business Listed By:
Jack Oh

Power Realty & Investments

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