Grocery Market
- Status: Available
- Price: $110,000


Babak “BOB” Shamtoub
- License No:
- DRE #02050054
- Email:
- babak@lbaweb.com
- Office:
- 424-542-1402
- Mobile:
- 424-542-1402
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: