Highly Popular Ethnic International Grocery Store in Prime Location

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Highly Popular Ethnic International Grocery Store in Prime Location
Asking Price:
$1,850,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Amazing opportunity to own a well established, highly popular international market with a good reputation and high ratings in the community. Lots of loyal patrons! Selling ethnic produce to a lucrative niche market in a high-traffic, high visibility main thoroughfare in an upscale area. Stabilized income that is increasing as more business comes in.

Market has become the go-to place for a large amount of repeat customers as well as an increasing number of new ones as word of mouth spreads about the quality of the goods and services, plus the sense of community felt within the store that the ethnic community as well as the shoppers in general feel a warm and welcoming place that feels like home.

Send a message to request a Non-Disclosure Agreement in order to obtain the Offering Memorandum with full financial data and other information.

About the Business

Real Estate:
Leased
Building Sq. Ft.:
8,000
Lease Expiration:
4/30/2022
Facilities:
Full information upon signing of NDA
Growth & Expansion:
Store sales and income are hitting new heights and are increasing as the months go by as management focuses creating efficiencies in marketing, operations, finances and their supply chain.
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About the Sale

Reason For Selling:
Owners retiring
Training/Support:
To be provided

Listing Info

ID:
1373713
Ad Detail Views:
808

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Business Listed by
Charles Chamorro

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U.S. Census Data for Los Angeles County, CA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Los Angeles County, CA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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