MergerPlace

Indian Grocery Store in West SFV

California (Los Angeles)


  • Asking Price: $60,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $40,000
  • FF&E: $15,000
  • Listing ID: #202805
  • Established: 2002
  • Employees: 5

Business Description

This business is located near nationally recognized anchor tenants and franchises in a good location with plenty of parking. Very low rent at $2,200/month total, the building size is approximately 1,600 sq. ft., and small section of the market is sub leased for $300 per month with month to month rent for costume jewelry seller and eyebrow services which brings more customers.

If you are looking for an authentic Indian/Pakistani market or grocery store, look no further. This business is priced right and expected to sell quickly. If you ever were excited about looking at a business to buy, this is one to get excited about!
This business has plenty of room for growth, it also has a lot of potential by converting; see below for conversion ideas and the Buyer will benefit significantly. Here are some conversion ideas (Buyer to verify with the City, Landlord, governmental agencies, for example Health Department):
• Possibility to add a Deli Restaurant with catering services
• Add a bakery
• Add produce etc.
This business will be sold as an asset sale, no books and records will be provided by the Seller.
This is a sale of assets in place. Price includes business, lease, location, covenant not to compete, training and all the FF&E.

This business is being sold as a Sale of Assets in Place with limited or no books and records. Any figures above or in the package are as per the Seller and Broker has not verified. Buyer to complete their own investigation of any available books and records during Buyer’s due diligence period and prior to opening escrow.
Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or contact Vic at Vic@mabusinessadvisors.com or call 818-571-5628 to receive a confidentiality agreement and learn more about this opportunity to purchase this business.


Business Details

Primary Business Category: Retail Trade - Supermarkets
Location: California
County: Los Angeles

Company Information

Year Established: 2002
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5

Financial Information

Asking Price: $60,000
FF&E: $15,000
Inventory: $40,000
Seller Financing Available: Yes

Property Information

Facilities:

Large lot and building space to be utilized.

Growth & expansion opportunities:

Excellent location. Revenues could be increased by additional marketing.

Competition:

No competition in the immediate area.

Reason for selling:

Owner has a full time job and won’t be able to run the business to its full potential.

Support & Training:

Seller will provide training at no cost to qualified buyer.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Vic Kharadjian

Certified Business Broker