Established Asian Grocery Store | Turnkey Opportunity
Business Description
Established in 2015, this well-known Asian grocery store has served Riverside County and surrounding communities for more than a decade. The business was created to provide local families with convenient access to authentic Asian foods, traditional ingredients, and specialty products that are often difficult to find in conventional supermarkets.
Over the years, the store has developed a loyal and diverse customer base, including families seeking familiar products from their home countries and customers interested in exploring Asian cuisine and culture. Its long operating history, community recognition, repeat business, and established presence provide a strong foundation for a new owner.
The store offers a broad selection of Asian groceries and specialty merchandise, including fresh produce, specialty vegetables, traditional snacks, beverages, sauces, seasonings, noodles, rice, frozen foods, hot pot ingredients, dim sum products, and other imported items. This diverse product mix serves a wide range of household shopping needs and encourages repeat customer visits.
The current owner has developed longstanding supplier and vendor relationships that support dependable access to popular and authentic products. These purchasing relationships, together with the store's product knowledge and local reputation, would be valuable to an incoming owner.
The business operates with experienced staff, established procedures, organized merchandising, and the fixtures, equipment, shelving, refrigeration, and systems necessary for continued operation. A qualified buyer can take over an established retail business rather than starting a new grocery concept from the ground up. The current owner is prepared to provide reasonable training and transition assistance.
A distinctive feature of the location is a dedicated Traditional Chinese Medicine consultation area, reflecting the owner's broader approach to serving the community's cultural and wellness interests. This area helps distinguish the store from a conventional grocery retailer and may provide opportunities for complementary services, subject to applicable licensing requirements, lease terms, and buyer verification.
The business offers meaningful growth potential for an energetic owner-operator. Opportunities may include adding prepared foods or ready-to-eat items, increasing fresh and specialty selections, developing online ordering and local delivery, offering catering or party packages, expanding social media marketing, creating customer loyalty programs, and building relationships with local restaurants and community organizations. Extended operating hours and more active owner involvement may also help increase sales.
This opportunity may be especially attractive to an experienced retailer, family operator, entrepreneur, or strategic buyer seeking to enter or expand within the specialty grocery market. Its established history, loyal customers, community presence, trained staff, supplier relationships, and operating assets provide a solid platform for continued growth.
The asking price is $170,000. Inventory is additional at cost and will be calculated separately at closing. The sale includes the furniture, fixtures, equipment, shelving, refrigeration, and operating systems used in the business, subject to a final asset list and buyer verification.
This is a confidential sale. Employees, customers, and vendors are not aware that the business is being offered for sale. Interested parties should not visit the location to discuss the sale or contact employees directly. Additional financial information, lease details, and the exact location will be provided to qualified buyers after execution of a confidentiality agreement and completion of the broker's buyer qualification process.
Over the years, the store has developed a loyal and diverse customer base, including families seeking familiar products from their home countries and customers interested in exploring Asian cuisine and culture. Its long operating history, community recognition, repeat business, and established presence provide a strong foundation for a new owner.
The store offers a broad selection of Asian groceries and specialty merchandise, including fresh produce, specialty vegetables, traditional snacks, beverages, sauces, seasonings, noodles, rice, frozen foods, hot pot ingredients, dim sum products, and other imported items. This diverse product mix serves a wide range of household shopping needs and encourages repeat customer visits.
The current owner has developed longstanding supplier and vendor relationships that support dependable access to popular and authentic products. These purchasing relationships, together with the store's product knowledge and local reputation, would be valuable to an incoming owner.
The business operates with experienced staff, established procedures, organized merchandising, and the fixtures, equipment, shelving, refrigeration, and systems necessary for continued operation. A qualified buyer can take over an established retail business rather than starting a new grocery concept from the ground up. The current owner is prepared to provide reasonable training and transition assistance.
A distinctive feature of the location is a dedicated Traditional Chinese Medicine consultation area, reflecting the owner's broader approach to serving the community's cultural and wellness interests. This area helps distinguish the store from a conventional grocery retailer and may provide opportunities for complementary services, subject to applicable licensing requirements, lease terms, and buyer verification.
The business offers meaningful growth potential for an energetic owner-operator. Opportunities may include adding prepared foods or ready-to-eat items, increasing fresh and specialty selections, developing online ordering and local delivery, offering catering or party packages, expanding social media marketing, creating customer loyalty programs, and building relationships with local restaurants and community organizations. Extended operating hours and more active owner involvement may also help increase sales.
This opportunity may be especially attractive to an experienced retailer, family operator, entrepreneur, or strategic buyer seeking to enter or expand within the specialty grocery market. Its established history, loyal customers, community presence, trained staff, supplier relationships, and operating assets provide a solid platform for continued growth.
The asking price is $170,000. Inventory is additional at cost and will be calculated separately at closing. The sale includes the furniture, fixtures, equipment, shelving, refrigeration, and operating systems used in the business, subject to a final asset list and buyer verification.
This is a confidential sale. Employees, customers, and vendors are not aware that the business is being offered for sale. Interested parties should not visit the location to discuss the sale or contact employees directly. Additional financial information, lease details, and the exact location will be provided to qualified buyers after execution of a confidentiality agreement and completion of the broker's buyer qualification process.
About the Business
- Years in Operation
- 11
- Employees
- 4 (2 Full-time, 2 Part-time)
- Facilities & Assets
- The business operates from an approximately 3,000-square-foot leased retail facility configured for grocery and specialty food sales. The real estate is not included in the sale.
The proposed business sale includes furniture, fixtures, refrigeration and freezer units, display shelving, counters, point-of-sale equipment, storage fixtures, and other assets used in the normal operation of the business, except for any specifically excluded items. The premises also include a designated area currently used for Traditional Chinese Medicine consultation services.
The buyer will be required to assume the existing lease or enter into a new lease with the landlord, subject to the landlord’s approval and mutually acceptable lease terms. A final equipment and asset list will be provided to qualified buyers during due diligence. Inventory is not included in the asking price and will be purchased separately at the seller’s documented cost at closing. - Market Outlook / Competition
- The business serves a diverse customer base seeking Asian groceries, specialty foods, fresh produce, frozen products, traditional ingredients, snacks, beverages, and household essentials. Demand is supported by the area's established multicultural community.
Operating since 2015, the store has developed a recognizable local presence and a loyal base of repeat customers. Its broad product selection, established supplier relationships, convenient location, and designated Traditional Chinese Medicine consultation area help distinguish it from conventional grocery retailers.
Potential growth opportunities include expanding prepared foods and specialty products, adding online ordering and local delivery, developing catering or wholesale accounts, and increasing digital and community marketing. Prospective buyers should independently evaluate local competition, market conditions, and growth opportunities during due diligence. - Opportunities for Growth
- Potential growth opportunities may include expanding prepared-food selections, fresh meat and specialty product offerings, online ordering, third-party delivery, catering, local advertising, social media marketing, customer loyalty programs, and community outreach. A new owner could also evaluate extended operating hours, additional product categories, and selected wholesale accounts.
Any expansion involving prepared foods or fresh meat would be subject to available space, equipment requirements, landlord approval, and applicable permits and health regulations. All growth opportunities are prospective and should be independently evaluated by the buyer.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,000
- Rent
- $4,500 per month
- Lease Expiration
- 8/8/2029
About the Sale
- Seller Motivation
- Owner is ready to pursue other interests after operating the business since 2015
- Transition Support
- The seller is willing to provide reasonable transition assistance and operational training to support a smooth transfer of the business ownership. Training may include daily store procedures, product knowledge, supplier and vendor introductions, inventory ordering, point-of-sale operations, customer service practices, and other aspects of the business’s general operations. The length, schedule, and terms of the training period will be mutually agreed upon by the buyer and seller and documented in the business purchase agreement.
Listing Info
- ID
- 2551158
- Listing Views
- 28
Listing ID: 2551158 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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