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Monterey Park, Los Angeles County, California
Market with Property in East Los Angeles
Asking Price
$930,000
Revenue
$480,000
Down
$230,000
Cash Flow
$120,000
Name: Steve Yoon
Phone: Show phone number
Name
Steve Yoon
Phone
Show phone number
Business & Property Description
This grocery market boasts annual gross revenues of $480,000 and a net operating income of $120,000, signaling a robust foundation for future growth and profitability. The store operates from a 1,865 square foot retail facility, strategically located on a high-traffic thoroughfare with immediate access to the 60 Freeway corridor.
The property encompasses a total lot size of 14,948 square feet with a commercial C-2 zoning classification, which offers flexibility for future development or operational expansion. The combination of its prime East Los Angeles location and makes this business a highly worthwhile investment.
The asking price of $930,000 includes the real estate valued at $800,000, Property price is $54/SF ($800,00/ 14,948SF)- lowest price. And the thriving business operations priced at $130,000 and an estimated inventory of $20,000 is not included. For qualified buyers, financing options are available, including access to SBA financing programs with extended 25-year terms.
This is a rare opportunity to acquire a business with an established operational history and growth potential. Enhanced operational efficiency and expanded service offerings can drive revenue growth, while the real estate component provides significant long-term appreciation potential.
Business Details
Year Established:
1990
Employees:
1
FE&E:
20000
Reason for sale:
Seller is going to retire.
Support & Training:
Seller will train the Buyer for 14 days without any cost.
Property Information
Building Size (Total):
1,865 sqft
Net Rentable:
1,865 sqft
Air Rights:
1,865 sqft
Units:
1
Pumps:
2
Buildings:
1
Year Built:
1,957
Stories:
1
Zoning:
C4
Ceiling Height:
16
Dock High Doors:
0
Investment Information
Investment Type:
Owner/User
Investment Subtype:
Convenience Market
Occupancy Date:
01/01/20005
Net Operating Income:
$120,000
CAP Rate:
13.00%
Pro-forma NOI:
$120
Pro-forma Cap Rate:
13.00%
Price/Sqft:
$429/sqft
Price/SF (Land Value):
$53/sqft
Posting Information
Posting ID:
9093305
Business Category:
Retail
Business Types:
Convenience Store
Market, Supermarket, Mart, Food Store
Attributes:
License (Liquor, etc.)
Real Estate Included
Training And Support
Attachments
Non-Disclosure Agreement
Interested in this business? Request to sign the NDA to receive exclusive information.
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Once signed, you’ll receive access to confidential business details including the business name, address, and financials.
Posting Title
Market with Property in East Los Angeles
Posting ID
#9093305
Full Name (Required)
Email (Required)
Phone (Required)
Your NDA Request has been Sent!
Please check your email for updates — the seller will send you the NDA to review and sign before sharing any confidential details.
Agent, Broker or Seller Contact
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