$1,150,000.00
Asking Price
Address: 91780.
Status: Active
Posting ID: 291188
4/30/25
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.
Contact
Details
Asking Price: $1,150,000.00
Down: $500,000.00
Cash Flow: Call/Email
Revenue: $5,760,000.00
Area: Los Angeles county
City: None Given
Attributes:
My Notes About This Listing
Cash flow
$500,000
Revenue
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If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
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McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
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