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Supermarket large sales volume with Large Profit

Simi Valley, CA (Ventura County)

Supermarket large sales volume with Large Profit
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Asking Price: $2,100,000

Cash Flow: $700,000

Gross Revenue: $14,000,000

EBITDA: $700,000

FF&E: N/A

Inventory: $700,000*

Rent: $42,777 /Month

Established: 2005

*not included in asking price.

Supermarket large sales volume with Large Profit

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Business Description

Inventory: Approximately $700,000+ inventory
Business Type: Supermarket with Grocery Meat, Produce
Licenses: License type 21 - offsale - full Liquor
Building & Parking: Shopping Center, Ample Parking
Days Open & Hours: 7 Days - 8:00am to 9:00pm, Sunday 9:00am to 8:00pm
Store Size: Approximately 31,000 sq. ft.
Established: Since 2005
Number Of Employees: Approximately 40 Full-time and 30 part-time
Lease: 6 years remaining on current lease, "Subject To a New Lease"

Approx, Represented by Seller as per Listing Agreement
Gross Sales Per Annum: $13,800,000
Allocation of Sales Per Annum:
Groceries: $3,036,000
Meat & Seafood: $2,070,000
Produce: $5,658,000
Dairy, Deli & Bakery: $1,656,000
Misc: $1,035,000
Liquor, Beer & Wine: $345,000
Total Sales Before Sales Tax: $13,800,000

Per Annum:
Cost: $9,798,000
Gross Profit: $4,002,000
Expenses Per, Approx: $3,316,704.00
Approx, Net income before Debt Service: $685,296.00

Remarks: Prime comer center in Simi Valley
Remarks: This Purchase shall be subject to a new lease agreement to Buyer
Remarks: The website promotes subject Business is not included in this sale

Please, under any circumstances, do not Disturb discuss the sale of the business with any employer/seller,employee or business neighbor.
For more information please contact Broker/Agent. Broker/Agent does not guarantee accuracy of the income, expenses or other information concerning the business provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of information through personal inspection and with appropriate professionals.

Detailed Information

Location:
Simi Valley, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
31,000
Lease Expiration:
N/A
Employees:
70
Facilities:
Approx 31,000 Sq ft rent @ 42,777 Gross, Great Parking, Prime location in Large Center
Support & Training:
2 weeks
Reason for Selling:
Wants to Retire
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Contact the Seller

(from currently available funds)
 
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Remy Chen

Business Listed By:
Remy Chen

Ivy Realty Co.

Show Phone Number

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