Highly Profitable Indian Grocery Supermarket
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1425000
Net Profit / Cash Flow $360000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2006
Number of Employees 4 - 5
Inventory $150,000 in inventory and $355,000 in FFE & lease hold improvements.
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 1 month in person and 90 days over the phone.
Reason for Sale Diversification.
Description This is a fully operational highly profitable Indian supermarket grocery store for sale in a prime location (In Little India) where all Indians and South Asians come to shop. All fixtures, computers and other assets are included in the sale. The store carries inventory for Indians, Pakistanis, Bangladeshis and Sri Lankans. Store has 24 doors feezer, 18 ft of fresh produce coolers, 12 ft of display cases for fresh sweets and dry snacks. The store also does Lotto, Check Cashing and Western Union Service. It has over 1,100 DVD members and over 7,000 DVDs. The revenue has been climbing steadily and it is just a cash cow for either an investor or a family to reap rich benefits.
The store is open from 9am to 10pm, 7 days a week. WIth an owner operator and 4 employees, the store makes over $31,000 per month in net profits and increasing every month. This store is recognized in the community for the best product quality and selection, excellent customer service and very competitive prices. Even with two stores in the neighborhood, the store has steadily The seller will help verify sales and profit numbers by working side-by-side with the buyer, if required.
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