Hispanic Market, Part Of A Chain Of Stores
Not Disclosed, CA Los Angeles County
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- RE: Hispanic Market, Part Of A Chain Of Stores
- Contact: Neil Kaplan
- License #: 1995716
Quick Facts
| Asking Price: | $550,000 | |
| Annual Revenue: | $1,600,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $180,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2000 | |
| Employees: | 6 | |
| BBN Listing #: | 952141 | |
| Broker Reference #: | 5505 NK |
Business Overview:
Hispanic market, part of a chain of stores established 30+ years in Southern California.
Sellers are exoerts in this field in designing, location, set up and negotiating leases.
Excellent lease, fixed rent next 3 years plus 4 X 5 year option with only 2% increase per year.
They sell meat, produce, grocery, La Michoacana ice cream which they manufacture and deliver to the store .
Beautiful clean store with no expense spared for fixtures and equipment.
Free standing building on major street with parking. High visibility!
Major Expense: Rent-$7,000, labor-$19,000, food cost-(60%)-$78,000, utility-$2,000, credit card fees-$1,000, W/C-$1,500,
supplies-$1,500
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Reason for Selling:
Corporate SaleAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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