HISPANIC MARKET, PART OF A CHAIN OF STORES
Asking Price: | $550,000 |
Gross Revenue: | $1,600,000 |
Established Year: | 2000 |
Cash Flow: | $180,000 |
Inventory: | $100,000 |
Hispanic market, part of a chain of stores established 30+ years in Southern California.
Sellers are exoerts in this field in designing, location, set up and negotiating leases.
Excellent lease, fixed rent next 3 years plus 4 X 5 year option with only 2% increase per year.
They sell meat, produce, grocery, La Michoacana ice cream which they manufacture and deliver to the store .
Beautiful clean store with no expense spared for fixtures and equipment.
Free standing building on major street with parking. High visibility!
Major Expense: Rent-7000, labor-19,000, food cost-(60%)-78,000, utility-2000, credit card fees-1000, W/C-1500,
supplies-1500