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- RE: Hispanic Market, Part Of A Long Established Chain
- Contact: Neil Kaplan
- License #: 01995716
Quick Facts
Asking Price: | $780,000 | |
Annual Revenue: | $2,000,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $240,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1995 | |
Employees: | 10 | |
BBN Listing #: | 954284 | |
Broker Reference #: | 5516 NK |
Business Overview:
High-volume Hispanic market for sale, part of a well-established chain in Southern California with over 30 years in business. The store offers a diverse range of products, including fresh meat, produce, and groceries, along with additional services such as check cashing. It also features a fully-equipped kitchen with seating, offering a fast-casual menu.
Recently remodeled with state-of-the-art equipment and fixtures, this market is a turnkey operation. The sellers are seasoned industry experts known for selecting prime locations and providing the freshest, highest-quality products.
Major expenses:
- Rent: $7,000
- Utilities: $4,000
- Labor: $28,000
- Food costs (55%): $90,000
- Credit card fees: $1,650
- Insurance/Workers' Comp: $3,600
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Reason for Selling:
Capital for Franchise BusinessAdditional 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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