Supermarket in Prime Koreatown, High Vol & Net
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Koreatown Neighborhood Market for Sale
Asking Price: $549,000 + Approximately $70,000 Inventory
Average Monthly Gross Sales: Approximately $90,000
Average Monthly Net Profit: Approximately $15,000
Store Size: Approximately 2,800 Sq. Ft.
Location: Prime Koreatown location with high foot traffic and surrounded by dense apartment communities
Excellent opportunity to acquire a well-established neighborhood market located in the heart of Koreatown. The business benefits from outstanding visibility, strong pedestrian traffic, and a loyal built-in customer base from the surrounding residential neighborhoods.
Established for over 25 years, this market is well known within the community and has maintained consistent average monthly gross sales of approximately $90,000, with average monthly net profit of approximately $15,000.
The business is currently owner-operated with the support of 2 full-time employees and 2 part-time employees, making it an ideal opportunity for an owner-operator or experienced buyer seeking a stable and profitable operation with continued growth potential.
In addition to traditional grocery and market sales, the business generates supplemental income through:
* Lottery
* Money transfer services
* Water machine
* Propane gas services
No ABC License.
Reason for Sale: Health issues.
Office ID #5710 JH
Asking Price: $549,000 + Approximately $70,000 Inventory
Average Monthly Gross Sales: Approximately $90,000
Average Monthly Net Profit: Approximately $15,000
Store Size: Approximately 2,800 Sq. Ft.
Location: Prime Koreatown location with high foot traffic and surrounded by dense apartment communities
Excellent opportunity to acquire a well-established neighborhood market located in the heart of Koreatown. The business benefits from outstanding visibility, strong pedestrian traffic, and a loyal built-in customer base from the surrounding residential neighborhoods.
Established for over 25 years, this market is well known within the community and has maintained consistent average monthly gross sales of approximately $90,000, with average monthly net profit of approximately $15,000.
The business is currently owner-operated with the support of 2 full-time employees and 2 part-time employees, making it an ideal opportunity for an owner-operator or experienced buyer seeking a stable and profitable operation with continued growth potential.
In addition to traditional grocery and market sales, the business generates supplemental income through:
* Lottery
* Money transfer services
* Water machine
* Propane gas services
No ABC License.
Reason for Sale: Health issues.
Office ID #5710 JH
About the Business
- Years in Operation
- 25
- Employees
- 4 (2 Full-time, 2 Part-time)
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,800
- Rent
- $10,500.00 per month
- Lease Expiration
- 1/31/2027
About the Sale
- Seller Motivation
- Health Issues
Listing Info
- ID
- 2508858
- Listing Views
Listing ID: 2508858 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.
Businesses for SaleCalifornia Businesses for SaleCalifornia Food & Beverage Businesses for SaleCalifornia Grocery & Supermarkets Businesses for Sale
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