Profitable Asian Market with Strong Revenue & Built-In Customer Base
Business Description
Established Asian grocery market presents a compelling acquisition opportunity in Canoga Park's competitive retail landscape. The Market has maintained continuous operations for thirteen years, demonstrating operational stability and market resilience with approximately $2+ million in annual gross revenue.
The business operates from a strategically positioned 6,300-square-foot retail facility on Sherman Way, a high-traffic commercial corridor providing optimal visibility and accessibility. The property features comprehensive infrastructure including multiple walk-in refrigeration and freezer units, dedicated seafood and meat departments, fresh produce sections, and general grocery merchandising areas. Dual rear access points facilitate efficient inventory management and delivery operations.
Location analytics indicate favorable market conditions with over 45,000 residents within a one-mile radius, supported by dense residential development patterns. The demographic profile aligns with the specialized product offerings, creating sustainable demand fundamentals for continued operation.
Operational Infrastructure:
- 13-year established market presence
- $2M+ annual gross sales performance
- 6,300 SF fully equipped retail space
- Prime Sherman Way commercial location
- Complete refrigeration and freezer systems
- Specialized departments: seafood, meat, produce, grocery
- Dual rear service entrances
- Ample customer parking facilities
The acquisition represents a turnkey opportunity for qualified buyers seeking immediate market entry or portfolio expansion within the specialty grocery sector. The established customer base, proven revenue streams, and comprehensive operational infrastructure provide a foundation for sustained profitability and potential growth initiatives.
This opportunity suits owner-operators seeking hands-on retail management or institutional investors targeting stable cash-flow assets in the essential retail category. The business model demonstrates market validation through consistent performance metrics and established community relationships.
The business operates from a strategically positioned 6,300-square-foot retail facility on Sherman Way, a high-traffic commercial corridor providing optimal visibility and accessibility. The property features comprehensive infrastructure including multiple walk-in refrigeration and freezer units, dedicated seafood and meat departments, fresh produce sections, and general grocery merchandising areas. Dual rear access points facilitate efficient inventory management and delivery operations.
Location analytics indicate favorable market conditions with over 45,000 residents within a one-mile radius, supported by dense residential development patterns. The demographic profile aligns with the specialized product offerings, creating sustainable demand fundamentals for continued operation.
Operational Infrastructure:
- 13-year established market presence
- $2M+ annual gross sales performance
- 6,300 SF fully equipped retail space
- Prime Sherman Way commercial location
- Complete refrigeration and freezer systems
- Specialized departments: seafood, meat, produce, grocery
- Dual rear service entrances
- Ample customer parking facilities
The acquisition represents a turnkey opportunity for qualified buyers seeking immediate market entry or portfolio expansion within the specialty grocery sector. The established customer base, proven revenue streams, and comprehensive operational infrastructure provide a foundation for sustained profitability and potential growth initiatives.
This opportunity suits owner-operators seeking hands-on retail management or institutional investors targeting stable cash-flow assets in the essential retail category. The business model demonstrates market validation through consistent performance metrics and established community relationships.
About the Business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 41,397
Listing Info
- ID
- 2521965
- Listing Views
- 12
Attached DocumentsAttachment Disclaimer
Listing ID: 2521965 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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