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Whittier, Los Angeles County, California
Asking Price
$160,000
Revenue
$240,000
Down
$120,000
Cash Flow
$120,000
Name: Samuel Kim
Phone: Show phone number
Name
Samuel Kim
Phone
Show phone number
Posting ID:
293068
Business Category:
Service, Retail
Business Types:
Dry Cleaning, Dry Cleaners
Keywords:
Whittier, los angeles county, california, dry cleaner, dry cleaning
Attributes:
Training And Support
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Whittier, California
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Whittier, California
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Presenting an exceptional opportunity to own a highly profitable retail business located in Whittier, California. This well-established supermarket specializes in beer, wine, deli meats, and other groceries, generating an impressive average annual revenue of $1.8 million. The business has successfully built a loyal customer base over its 22 years under the same ownership, a testament to its quality offerings and excellent service. This retail business boasts a prime location in a bustling neighborhood, surrounded by numerous apartments and houses. This strategic positioning ensures a steady flow of customers and minimal competition. The business also benefits from ample parking space, a key convenience factor for shoppers that adds to its appeal. The store spans a generous 5,000 square feet, offering an extensive range of products to cater to a diverse clientele. This business also holds a liquor license, expanding its product offerings and revenue streams. Despite its already impressive performance, the business holds significant growth potential for an ambitious new owner. The owner, planning for retirement, is offering this lucrative business at an asking price of $520,000. This includes a new lease term of 5+5 years, ensuring stability for the new owner. Additionally, there is provision for two weeks of training after the closing of escrow, to facilitate a smooth transition. This business is currently run absentee, presenting a superb opportunity for a hands-on owner-operator to maximize profits. Please contact Broker Joey Kim 213 255 1478, bestjoeykim@gmail.com. This is a rare chance to acquire a high-revenue, well-established retail business in a prime location.

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