Steve Yoon's Business Postings
Monterey Park, California
Market with Property in East Los Angeles
$ 930,000
CF : $ 120,000
Experience the rewarding potential of owning an established grocery market, complete with valuable commercial real estate, in East Los Angeles. This convenience store has been a pillar of its community, operating under a single owner for the past two decades. It has shown strong market presence and operational stability, specializing in the sale of beer, wine, groceries, and beverages. This grocery market boasts annual gross revenues of $480,000 and a net operating income of $120,000, signaling a robust foundation for future growth and profitability. The store operates from a 1,865 square foot retail facility, strategically located on a high-traffic thoroughfare with immediate access to the 60 Freeway corridor. The property encompasses a total lot size of 14,948 square feet with a commercial C-2 zoning classification, which offers flexibility for future development or operational expansion. The combination of its prime East Los Angeles location and makes this business a highly worthwhile investment. The asking price of $930,000 includes the real estate valued at $800,000, Property price is $54/SF ($800,00/ 14,948SF)- lowest price. And the thriving business operations priced at $130,000 and an estimated inventory of $20,000 is not included. For qualified buyers, financing options are available, including access to SBA financing programs with extended 25-year terms. This is a rare opportunity to acquire a business with an established operational history and growth potential. Enhanced operational efficiency and expanded service offerings can drive revenue growth, while the real estate component provides significant long-term appreciation potential.