Market (Beverly Blvd) $395,000
gross sale 300k
Net profit is about $25k
Open 7 Days, Open 8+ Hours/Day, Open Monday-Friday, Open Saturday, Open Sunday
there is a full-time meat service person who helped with inventory stacking. The owners, husband and wife, also manage the store full time. Another part-time helper is the owner's adult son who also worked there on weekends and off-school hours.
LEASE EXPIRES: 01/31/23
ACTUAL RENT: $4,515
YEARS CURRENT OWNER: 10
LEASABLE SQFT: 4,000
INCLUSIONS: stove and various un-branded coolers/freezers
EXCLUSIONS: Inventory (Beer is about $15,000, food items are $35,000). Leased coolers - by Monster, Pepsi and 2 Coca Cola coolers
Great business opportunity in Korea-town in a high-traffic count area. This local convenient market sells about $1,500,000 worth of goods, beer, and light alcohol beverages per year. Annual cash-flow averages about $250,000-270,000 per seller. This corner market carries a variety of products like fresh fruits, vegetables, meat, snacks, stationary items, detergent and cleaning products, canned/bottled food, dry food, rice, beans, frozen food, ice cream, beer, wine coolers, cheese and variety of dairy products, toys, gifts, lottery and so much more. Other features include an additional 1,200 Sq.Ft. storage warehouse, security camera system, and key service. Market is consist of 3 property lots. Sale of the business will include all fully-paid off, un-branded freezers, beverage coolers, vegetable coolers, milk cooler, walk-in vegetable cooler, meat storage case, 6-door beer cooler, refrigerators, stove, and camera system. Current lease is still valid until 2023. Gross sale and cash-flow information are given by the seller and not yet verified.
REASON FOR SELLING:Retirement
Yes, light alcohol and lotto licenses. No hard liquor license. Yes, there's a storage warehouse included.
they are selling cigarettes also.
Last selling price $395,000
The owner closed the store from April to June due to COVID. After reopening the store, the business is about the same as last year.
Average sales amount is about $300,000 per month.
The landlord can redo new lease with new owners (buyers) at $6500 per month up to 10 Years with another 10 years option.
No remodel. Just make some electrical upgrades and painted the place.
Do not talk to the owner and employees.
No Co-op brokering.
Net profit is about $25k
Open 7 Days, Open 8+ Hours/Day, Open Monday-Friday, Open Saturday, Open Sunday
there is a full-time meat service person who helped with inventory stacking. The owners, husband and wife, also manage the store full time. Another part-time helper is the owner's adult son who also worked there on weekends and off-school hours.
LEASE EXPIRES: 01/31/23
ACTUAL RENT: $4,515
YEARS CURRENT OWNER: 10
LEASABLE SQFT: 4,000
INCLUSIONS: stove and various un-branded coolers/freezers
EXCLUSIONS: Inventory (Beer is about $15,000, food items are $35,000). Leased coolers - by Monster, Pepsi and 2 Coca Cola coolers
Great business opportunity in Korea-town in a high-traffic count area. This local convenient market sells about $1,500,000 worth of goods, beer, and light alcohol beverages per year. Annual cash-flow averages about $250,000-270,000 per seller. This corner market carries a variety of products like fresh fruits, vegetables, meat, snacks, stationary items, detergent and cleaning products, canned/bottled food, dry food, rice, beans, frozen food, ice cream, beer, wine coolers, cheese and variety of dairy products, toys, gifts, lottery and so much more. Other features include an additional 1,200 Sq.Ft. storage warehouse, security camera system, and key service. Market is consist of 3 property lots. Sale of the business will include all fully-paid off, un-branded freezers, beverage coolers, vegetable coolers, milk cooler, walk-in vegetable cooler, meat storage case, 6-door beer cooler, refrigerators, stove, and camera system. Current lease is still valid until 2023. Gross sale and cash-flow information are given by the seller and not yet verified.
REASON FOR SELLING:Retirement
Yes, light alcohol and lotto licenses. No hard liquor license. Yes, there's a storage warehouse included.
they are selling cigarettes also.
Last selling price $395,000
The owner closed the store from April to June due to COVID. After reopening the store, the business is about the same as last year.
Average sales amount is about $300,000 per month.
The landlord can redo new lease with new owners (buyers) at $6500 per month up to 10 Years with another 10 years option.
No remodel. Just make some electrical upgrades and painted the place.
Do not talk to the owner and employees.
No Co-op brokering.