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Long Beach, Los Angeles County, California
Market - Built In Client Base, Absentee Run
Asking Price
$450,000
Revenue
$870,132
Down
$450,000
Cash Flow
$182,072
Name: Ryan Clark
Phone: Show phone number
Name
Ryan Clark
Phone
Show phone number
Description
This 652 square foot market leases for $2,016 per month on a lease until 2026 with one 6 year option. All of the business’s furniture, fixtures, equipment and Type 20 Beer & Wine License will be included in the sale. An estimated $35,000 in retail inventory will be sold at cost at close in addition to purchase price.
Due to this market’s location, it is somewhat insulated from competition in the immediate vicinity. This gives rise to the opportunities new management has to grow the business since they can fulfill any number of additional patron shopping or service needs, while threats from competition remain limited.
New management may capitalize on this venue’s unique location and beer & wine license that caters to patrons that reside nearby. Due to this, the venue has the unique opportunity to add coffee, as it couldn’t in the past due to a non-compete agreement. Similarly, ready cooked foods or catered meals (prepared off-site, in an approved facility) may provide additional revenue opportunities. Finally, as the market is absentee-operated it would likely benefit from a personable full-time working owner-operator that is customer service oriented.
Posting Information
Posting ID:
292971
Attributes:
Absentee Run
Broker Cooperation
For Sale By Owner
Send NDA Request
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Posting Title
Market - Built In Client Base, Absentee Run
Posting ID
#292971
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