$130,000.00
Asking Price
Address: Long Beach,
Status: Active
Posting ID: 289409
2/16/25
Description
The seller has owned the market for 20 years and is retiring. The market is open from 9:00 AM to 9:30 PM.
Previously, the business generated $40,000 per month in sales, but due to ongoing construction (1.5 years), current sales are $30,000 per month. Once the construction is complete, sales are expected to increase by $40,000 per month.
The market has a size of 1,500 square feet with a rent of $2,300 per month. It offers high profit margins of 35%-37% and generates an additional $1,300 per month from lottery income.
This business is ideal for a couple to run, as it is accurate in reporting sales and easy to manage.
.
To get more information about this Market - Easy To Run, Steady Sales, Retiring Owner business for sale in Long Beach please phone Steve Kim (Agent - BRE License #:01068216) at 213-880-5688 Cell and 213-880-5688 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #289409 on BizBen.com. In addition to phoning Steve Kim, make sure you email Steve Kim above to get more info about this Market - Easy To Run, Steady Sales, Retiring Owner, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01068216. New Star Realty & Investment.
Contact
Details
Asking Price: $130,000.00
Down: All Cash
Cash Flow: $85,000.00
Revenue: $360,000.00
Area: Long Beach
City: Long Beach
Attributes:
My Notes About This Listing
Cash flow
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Revenue
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Cash flow
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Revenue
N/A
Down
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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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The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
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Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
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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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