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Food Market

  • Status: Pending
  • Price: $239,000

Houmehr 'Mike' Panoussi

License No:
DRE #01853627
Email:
mike@lbaweb.com
Office:
661-816-1141
Mobile:
661-816-1141
  • Listing No: 6341
  • Status: Pending
  • Area: Los Angeles
  • Price: $239,000

Description

Asking Price: $239,000 + Inventory at cost
Please do not speak to anyone at this location!!!
Great opportunity to purchase this family owned and operated Mediterranean

Market & Deli in Antelope Valley area.
Average Gross Sales are $70K
Rents is about $3000 Per Month including NNN

2 years lease left plus 5+5

This 2121 sqft is the only market in Antelope Valley that carries Armenian,
Persian, Arabic, Indian and ETC specialty products and produce.

Great Deli section and choices.

This Business is growing year after year after opening about 3 years ago.

Seller just added LOTTO to the market.

Beer & Wine license is an additional option of revenue source for new Buyer if

they wish to obtain the license.

Inventory is in addition to the asking price

($80K to $100K at cost)

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased: 2019
Business Type: Market
License(s) Required: Business, Health, Lotto
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6341
Date Available: 08/25/2021
Reason For Sale:

Financial Information

Annual Total:
840,000
Revenue:
840,000
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
3,000
Lease Expires:
2023
Lease Option:
2 x 5 years option
NNN:
Included

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

Contact Us

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