Mini Market (Maywood) $139,995

"Asset Sale"
​1300 sqft
​LEASE RENT IS : $2100 fix no increased for 5 lease with option to another 5 years.
currently on first term of second year.
No Financials to provide
Price is negotiable
 
Gross sales have actually pick up during covid 19-
As first quarter this year was $110,000 for first year with a profit of about 20%. That’s with food stamps, credit cards and a few cash.
Second quarter will be done by Saturday.
 
Last year company made $ 779k
With a profit of massive deductions and depreciation for a profit of $39k
FULLTIME EMPLOYEES:  2
LEASE EXPIRES:  02/01/28
PART TIME EMPLOYEES  2
ACTUAL RENT:  $2,100
YEARS CURRENT OWNER:  3
HOURS OWNER WORKS:  1
REASON FOR SELLING: Family Change
Great business opportunity to purchase with Current : Health Department License, Tabaco, Beer & Wine and (at applying Ca Lottery) Mini Market with Walk in refrigerator, fruit & Vegetable refrigerators, walk in coolers for beer, Dairy. Also has an inside convenience store inside. Mini Market also includes a meat department. Property comes with a fix $2,100/month lease with no increased for 5-years option to an additional term as original. 3 years remaining from original term. Property produces income from lease of water filtration system. Additional income can be produced from calling card, money services and liquor.
Inventory Included in price about 25k
​

This will not work for you. Financials of detail sales not available as mostly cash but EBT AND Credit card sales as showed . Business isn’t performing great at the moment . Recent death in family has taken a toll on opening hours 
​
​Do not talk to the owner and employees.
​No Co-op brokering.
​The photo may not be an actual photo of the business.

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