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4342
Listing: High volume grocery store with deli thriving Hispanic neighborhood
Location: CA
Financials
Asking: $1,200,000
Gross: $1,800,000!!
Cash Flow: $360,000
Summary Description
Great business opportunity for both the novice and savvy operator. Well established market at major intersection just off the freeway; highly visible. Beer and wine license off and on sale. profits include: $600,000. - $ 800,000./ month check cashing @ 1 & 1 % profit; money order and money transfers net $ 3,000. - $ 4,000. / month + water purification @ .25/ gallon; $ 500. for lotto sales. Very well stocked. Additional profits could be generated by adding a wider produce dept, additional products and svcs. Included in sale: Meat market refrigerator/ display case, 20 Produce refrigerator, 6 door walk in refrigerator, 3 door walk in freezer, 9 door reach in refrigerator. 2 cashier checkout counters
General Information
Year Established: 1984
Employees: 5 ft 9 pt
Facilities: Located at major intersection, just off the freeway in a shopping strip with plenty of parking. Included in sale: Meat market refrigerator/ display case, 20 Produce refrigerator, 6 door walk in refrigerator, 3 door walk in freezer, 9 door reach in refrigerator. 2 cashier checkout counters. Hot kitchen commercial stove/ Grill, deep fryer, steam table, restaurant commercial grade refrigerator, commercial vegetable juicer, citrus juicer and all equipment now present needed for the operation of the restaurant and deli departments + 16' Isuzu truck with cub
Market Outlook
Competition: Prime location at major intersection. No other market of its kind in the vicinity. profit centers include check cashing, money transfers, restaurant, juice bar, meat market (carniceria) all in a great area for business.
Growth and Expansion: Profits could be increased by enlarging the produce department, increasing product line, promoting restaurant for catering functions; by creating a presence on the internet to sell goods; no limits!. also by decreasing overhead/ payroll.
About the Sale
Financing: owner may carry, bring all offers
Support/Training: As needed
Reason Selling: family reasons
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