Hispanic Market - Meat - Produce - Popular Chain

Long Beach, CA (Los Angeles County)

Hispanic Market - Meat - Produce - Popular Chain
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Asking Price: $349,000

Cash Flow: $18,000

Gross Revenue: $1,400,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $3,450 /Month

Established: 2000

Hispanic Market - Meat - Produce - Popular Chain

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Business Description

Hispanic market has Meat and Produce, part of a chain of stores located throughout Southern California for 30 years.

Currently, No Alcohol Sales. Has Very Low Rent!

High Gross Sales and High Net Income!

Established 20 years, very well known for quality products, service and cleanliness.

Some Major Expenses: Rent $3450 - (dolex sub rental $1550) Effective Rent $1900 per Month, Gross Profit 30%, Electric $1500, Banking Fees $200, Advertising $150, Phone and Internet $100.

Great Store, Easy to Own and Operate.

Well Established. Turn Key.

Detailed Information

Location:
Long Beach, CA
Real Estate:
Leased
Building SF:
2,800
Lease Expiration:
6/1/2023
Employees:
7
Reason for Selling:
Partnership Split
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(from currently available funds)
 
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William Park

Business Listed By:
VR Business Brokers

VR Business Brokers

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB).

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Demographic Information

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