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Grocery Market

  • Status: Available
  • Price: $149,000

Babak “BOB” Shamtoub

License No:
DRE #02050054
Email:
babak@lbaweb.com
Office:
424-542-1402
Mobile:
424-542-1402
  • Listing No: 6381
  • Status: Available
  • Area: Hollywood area
  • Price: $149,000

Description

Food Market making

Net Income $120,000

Established in 1989, 1,700sqft. Market including Beer & Wine which is located in a busy shopping Center with plenty of parking spaces, is for Sale. It is an owner operated business. Open 7 x days a week from 8 am- 9 pm. Rent is $4,600 a month including NNN. Lease is month to month but a new owner can obtain new lease terms. Seller claims his Gross Annual Sales is $450,000 and he also claims his net income is about $120,000 a year.

Business Information

Ownership Type: Sole Proprietorship
Year Established: 1989
Year Purchased: 1989
Business Type: Food Market
License(s) Required: Business, ABC, Health
Hours of Operation: 8am- 9pm /7 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6381
Date Available: 08/22/2022
Reason For Sale: Moving from the area

Financial Information

Annual Total:
450,000
Revenue:
Annual Net Income:
120,000
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
4,600/m
Lease Expires:
month to month
Lease Option:
NNN:
Included

Financing Information

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

Contact Us

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