Supermarket, Bakery & Cafe On Los Feliz Blvd.
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1200000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 6 - 9
Inventory 1100000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Seller will provide training
Reason for Sale Other interests
Description This 10,000+ SQ FT, Neighborhood Supermarket, with its own bakery (bread & pastries), meat , deli, international grocery, dairy, produce departments, as well as their own cafe, with inside & outside seating area, and food preparation facilities for catering and B&W License, is available for immediate sale.
This corner, stand alone, highly visible building, with a private 15-car parking lot, and its own receiving area, is located alongside of very heavy traffic area of Los Filez Blvd., in Los Angeles.
With monthly gross sales of a $100K+, this supermarket has a very good reputation in the industry for its quality products, cleanliness and its customer service.
This is a big operation, which is currently employing 15 people. Current lease will expire in 6/2017, with 1 option for 10 years, for the total of 14 1/2 yr. Current monthly rent is $12,360.00 including CAM.
FF& E is estimated to be at $1MM. The inventory is about $100K and included in the asking price of $650K.
Beer & Wine DEPARTMENT, WITH HUGE SELECTIONS FROM ALL OVER THE WORLD!
This is an TURNAROUND/ ALL ASSETS SALE.
Click Here To Contact Seller
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