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Indian Grocery Store For Sale

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $255000
Net Profit / Cash Flow  $17000
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  2007
Number of Employees  1 - 3
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Training  Will be provided.
Reason for Sale  Current owner has a professional job and is unable to devote enough time to run the store properly.
Description  This Indian grocery store for sale was established 3.5 years ago. It is clean and well maintained. The advantage of its location is low rents, ample of customer parking, surrounded by Indian communities, close to Gurudhwara, Mosque, and theaters in which plays Indian movies. The store carries full line of Indian groceries, Fresh produce, Fresh India Sweets & Snacks. Store has 4 doors freezers, 3 door cooler and 12 ft of fresh produce cooler. Has the option to expand the business. The lease if flexible with an option to break the lease with a 3month notice. The revenue has been climbing steadily. This store is recognized in the community for the best product quality, selection, excellent customer service and very competitive prices. Reason for selling: Current owner has a professional job and is unable to devote enough time to run the store properly. The asking price is $89,000 + Inventory ($20,000 - $25,000 Worth). Serious enquiries only !
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