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Los Angeles County, California
Supermarket in Prime Koreatown, High Vol & Net
Asking Price
$549,000
Revenue
$1,080,000
Down
$549,000
Cash Flow
$180,000
Description
Asking Price: $549,000 + Approximately $70,000 Inventory
Average Monthly Gross Sales: Approximately $90,000
Average Monthly Net Profit: Approximately $15,000
Store Size: Approximately 2,800 Sq. Ft.
Location: Prime Koreatown location with high foot traffic and surrounded by dense apartment communities
Excellent opportunity to acquire a well-established neighborhood market located in the heart of Koreatown. The business benefits from outstanding visibility, strong pedestrian traffic, and a loyal built-in customer base from the surrounding residential neighborhoods.
Established for over 25 years, this market is well known within the community and has maintained consistent average monthly gross sales of approximately $90,000, with average monthly net profit of approximately $15,000.
The business is currently owner-operated with the support of 2 full-time employees and 2 part-time employees, making it an ideal opportunity for an owner-operator or experienced buyer seeking a stable and profitable operation with continued growth potential.
In addition to traditional grocery and market sales, the business generates supplemental income through:
* Lottery
* Money transfer services
* Water machine
* Propane gas services
No ABC License.
Reason for Sale: Health issues.
Office ID 5710 JH
Business Details
Year Established:
2001
Employees:
4
Reason for sale:
Health Issues
Property Information
Size in Square Feet:
2,800 sqft
Lease Terms:
01/31/2027 plus 2@5 yrs option
Lease & Tenant Information
Lease Options:
$10,500
Posting Information
Posting ID:
6683354
Business Category:
Restaurants & Food
Business Types:
Market, Supermarket, Mart, Food Store
Attributes:
Training And Support
Non-Disclosure Agreement
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Posting Title
Supermarket in Prime Koreatown, High Vol & Net
Posting ID
#6683354
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Agent, Broker or Seller Contact
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