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Busy Hispanic Market

Long Beach, CA
listing image
Asking Price:$300,000
Inventory:$100,000
Established Year:1990
Gross Revenue:$2,000,000
Real Estate:$3,000,000
Listing ID: 2287896Listing provided by BizBuySell
BUSINESS DESCRIPTION

High-volume Hispanic market for sale, part of a well-established La Bodega Chain in Southern California with over 30 years in business. The store offers a diverse range of products, including fresh meat, produce, and groceries, along with additional services such as tenants: Check Cashing, Bakery, Barber Shop,. It also features a fully-equipped kitchen.

Recently remodeled, this market is a turnkey operation. The sellers are known for the freshest meats and highest-quality products.

Real Estate is available $3,000,000 and to be closed concurrently.

DETAILED INFORMATION
Location
Long Beach, CA
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
7,000
Employees
8
Facilities
La Bodega Markets are well know in the Long Beach area, the area has had millions poured in to redevelop the area. The business is be purchase with the real estate concurrently.
Competition
Roof has a 40 year sealant, compressors for the meat displays and walk-in refrigerators have been recently replaced.
Growth & Expansion
The entrance is from the rear parking lot, the front door to Atlantic Blvd can be opened up to foot traffic, the space nearest the street can be used to put a to-go restaurant . The rear of the market has a booth for check cashing but the sellers did to apply for the necessary permits to operate the check cashing. Great opportunity to increase the foot traffic.
Financing
SBA Financing available, 25% down to purchase both business and real estate
Support & Training
Seller will provide 2 weeks of hands on training.
Reason for Selling
Sellers seperating
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Michael Kamali
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Michael Kamali
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