Grocery store with un-conditional liquor license, Meat, and Kitchen
Business Description
Great growth and money-making potential. No compaction close by.
Established grocery store with unconditional liquor license, full-service meat department, and kitchen facilities located in Huntington Park, CA. This well-positioned business has operated continuously at the same prime location for over 55 years, serving a loyal customer base in a densely populated residential area.
Business Overview:
- Annual Revenue: $2,573,413 with projected growth to $2,600,000
- Established: 2011 under current ownership
- 8,000 sq ft retail space at major intersection
- 8 experienced employees
- Lease: $5,000/month through October 2030
- FF&E valued at $400,000
- Inventory value: $150,000
Key Strengths:
- Built-in customer base with 55+ years of community presence
- No viable competition within 1.5-mile radius
- Comprehensive renovation completed in 2014 with $1.1M investment
- All new equipment, fixtures, furniture, plumbing, electrical, gas, and roof
- Unconditional liquor license adds significant value
- Full-service meat department and kitchen operations
- Surrounded by numerous residential apartment buildings
Growth Potential:
- Consistent year-over-year growth trajectory
- Current year revenue projection exceeds $2.6M
- Opportunity to purchase real estate directly from landlord
- Established location with strong market presence
Support & Transition:
- Comprehensive 90-day training and support program
- Full operational, accounting, and payroll assistance
- Current experienced staff available to continue
- Complete logistical support for smooth transition
Financing:
- Seller may finance inventory portion
- Owner retiring after successful operation
This turnkey operation represents an excellent opportunity to acquire a profitable grocery business with strong fundamentals, established market presence, and significant growth potential in a prime Los Angeles County location.
Business Overview:
- Annual Revenue: $2,573,413 with projected growth to $2,600,000
- Established: 2011 under current ownership
- 8,000 sq ft retail space at major intersection
- 8 experienced employees
- Lease: $5,000/month through October 2030
- FF&E valued at $400,000
- Inventory value: $150,000
Key Strengths:
- Built-in customer base with 55+ years of community presence
- No viable competition within 1.5-mile radius
- Comprehensive renovation completed in 2014 with $1.1M investment
- All new equipment, fixtures, furniture, plumbing, electrical, gas, and roof
- Unconditional liquor license adds significant value
- Full-service meat department and kitchen operations
- Surrounded by numerous residential apartment buildings
Growth Potential:
- Consistent year-over-year growth trajectory
- Current year revenue projection exceeds $2.6M
- Opportunity to purchase real estate directly from landlord
- Established location with strong market presence
Support & Transition:
- Comprehensive 90-day training and support program
- Full operational, accounting, and payroll assistance
- Current experienced staff available to continue
- Complete logistical support for smooth transition
Financing:
- Seller may finance inventory portion
- Owner retiring after successful operation
This turnkey operation represents an excellent opportunity to acquire a profitable grocery business with strong fundamentals, established market presence, and significant growth potential in a prime Los Angeles County location.
About the Business
- Years in Operation
- 15
- Employees
- 10
- Facilities & Assets
- Full-Service Meat with 32' Case. 20' Produce Display. Full Kitchen with Eating area. Purified Water Vending System. Un-conditional Beer, Wine, and Liquor License. WIC Permit. EBT Authorized. Tobacco License. Lottery Eligible. 19 Door Reach-In Cooler for Dairy, Beer, Wine, and Soda. 5 Door Frozen Reach-In Cooler. Tow fully automated Check-Out Lane with Scanner. About 2000 Sq. Ft. Storage area. 27 Customer Parking. 7 Secured Owner/Manager Parking with Remote Control. 2nd Floor Business Offic. Employee Rest and Meal Room. Ice Maker. Washer and Dryer. HVAC.
- Market Outlook / Competition
- This Store has been in operation in this same location for over 55 years. Located on a major intersection surrounded by lots of residential apartment buildings. There is no viable competition within 1.5 miles.
- Opportunities for Growth
- It is growing year by year basis. Current year projection is over $2,700,000. Buyer will also have the opportunity to buy the property (real estate) either by directly from the landlord or from seller of the business as the seller has first right of refusal. Renovated in 2014 by spending over $1,100,000 with all new Furniture, fixture, Equipment, Plumbing, Electrical, Gas, Roof etc.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 8,698
- Rent
- $5,000.00 per month
- Lease Expiration
- 10/1/2030
About the Sale
- Seller Motivation
- Retirement.
- Transition Support
- Full Support and Training in all aspects of operation, accounting, payroll service up to 90 days as will be needed. Current experienced Employees will continue to work at buyer's will. We will provide all logistical support for up to 90 days for smooth transition.
- Financing Options
- Seller will not finance.
Listing Info
- ID
- 2391814
- Listing Views
Listing ID: 2391814 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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