Market awaiting approval for an ABC Type-20 license

Asking Price: $180,000

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Market awaiting approval for an ABC Type-20 license


Asking Price: $180,000

Asset Sale Description
ASSET SALE OPPORTUNITY - GROCERY MARKET WITH ABC TYPE-20 LICENSE

This asset sale presents a strategic acquisition opportunity in the grocery retail sector, featuring a 2,000 square foot market facility in a high-traffic Los Angeles location within Alameda County. The property includes a pending ABC Type-20 license currently in the approval process, providing the purchaser with immediate licensing capability upon completion.

FINANCIAL PERFORMANCE HISTORY
The facility demonstrated strong revenue generation during previous operations, achieving approximately $120,000 in monthly gross sales. The location's auxiliary revenue streams, including lottery and ATM commissions, historically generated sufficient income to cover base rental obligations, demonstrating the market's inherent profitability potential.

LOCATION AND MARKET DYNAMICS
The market occupies a prime position in a high-traffic corridor with established foot traffic patterns. Recent residential development in the immediate vicinity, including multiple newly constructed condominium complexes, is projected to significantly enhance customer density and purchasing power within the trade area. This demographic expansion represents substantial growth potential for future operations.

FACILITY SPECIFICATIONS
- Total square footage: Approximately 2,000 SF
- Current status: Vacant and available for immediate setup
- Zoning: Approved for grocery retail operations
- License inclusion: ABC Type-20 (pending approval)

FINANCIAL TERMS
- Asset purchase price: $180,000 (inclusive of ABC Type-20 license)
- Monthly rent: Approximately $7,000 (including common area maintenance)
- Rental incentive: Reduced rate available during license approval period

This turnkey opportunity allows for immediate market entry with established licensing and proven location performance, suitable for experienced grocery retailers seeking expansion or new market penetration in the Los Angeles metropolitan area.
Listing Info
ID
2437311
Listing Views
62

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Business Listed by: Daniel Ahn RedPoint Realty

Listing ID: 2437311 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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