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For Sale: Asian Supermarket - High Volume, Coming Soon - Los Angeles county, California

$1,150,000.00

Asking Price

  • Address: 91780.

Los Angeles county Asian Supermarket - High Volume, Coming Soon Business For Sale
Asian Supermarket - High Volume, Coming Soon Company For Sale
Los Angeles county Asian Supermarket - High Volume, Coming Soon Companies For Sale
Buy, Sell A Asian Supermarket - High Volume, Coming Soon Business
Selling A Los Angeles county Asian Supermarket - High Volume, Coming Soon
Asian Supermarket - High Volume, Coming Soon Business Opportunity

Description

A high-volume Asian supermarket in city of Temple City, CA,

Monthly revenue: $480,000 (2024)

Business Hours; 8;30- 8:00pm (7days a week)

Size; about 10,000 sf with upstairs offices and some storage room

Yes, EBT But No WIC (with potential)

No Lotto (if add lotto machine can be extra income over $5,000 per months)

Employees: Full and part-times; 20 employees

Payrolls: $50,000 per months

Payroll tax; $7,500

Utilities; $10,000 / Gas; $850

Business insurance; $2,000

Workers Compensation; $1,500

Internet; $250

License permits; $300

sales tax; $1500(tax items)

Rent; $11,350 gross

lease remains; 6years plus (1) five year option(New lease is Available)

Break down of sale : Meat and produce; 70% Beer: 10% others; 20%

Potential for Additional revenue: Adding Lotto sales can significantly increase income and Implementing the WIC program can boost monthly revenue. Owner involvement can increase net profit. If Converting into a Latino market can unlock further potential. Strong customer base from both Asian & Latino communities and Multiple revenue potential through Lotto and WIC programs and Excellent location-busy intersection with great visibility.

**All information was given by the seller/buyer's responsibility to verify all Numbers. All information provided by the seller is deemed reliable but not guaranteed. Brokers have not audited said information. Buyers are strongly urged to conduct their own investigation and check for the accuracy of said information during the due diligence period

To get more information about this Asian Supermarket - High Volume, Coming Soon business for sale in Los Angeles county please phone Joo (Joe) Lee (Agent - BRE License #:01358449) at 213-820-8877 Cell and 213-820-8877 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #291188 on BizBen.com. In addition to phoning Joo (Joe) Lee, make sure you email Joo (Joe) Lee above to get more info about this Asian Supermarket - High Volume, Coming Soon, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01358449. Win Realty & Properties.

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Contact

  1. Name: Joo (Joe) Lee
  2. phone iconPhone: 213-820-8877 Cell
  3. phone iconPhone: 213-820-8877 Text

Details

  1. Asking Price: $1,150,000.00

  2. Down: $500,000.00

  3. Cash Flow: Call/Email

  4. Revenue:    $5,760,000.00

  1. Area: Los Angeles county

  2. City: None Given

  1. Attributes:

    Semi-Absentee RunSBA Loan Pre-QualifiedLicense (Liquor, etc.)

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Related Links & Information Regarding This Posting

Email Joo (Joe) Lee Below About This Posting


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