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Businesses For Sale   >>   Convenience Stores Retail Businesses For Sale

Silverlake Area Food Market - Great Revenues

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $1522511
Net Profit / Cash Flow  $110548
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2010
Number of Employees  6 - 9
Inventory  10000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  2 weeks at 25 hours/week
Reason for Sale  Personal

This community oriented Silverlake Area food market is the ideal opportunity for someone who knows and loves their fresh and specialty foods, who likes to interact with their community and who wants to own and operate a remarkably straightforward, stable and successful feel-good company. Although the growing business is already successful, it would benefit from a full time working owner who has a knowledge of and passion for food. This 950 square foot business leases for $3,000 per month on a lease with 4 years remaining and options to be determined. All of the business's furniture, fixtures & equipment will be included in the sale. Approximately $25,000 in inventory will be sold at cost at close. Artwork will not be included in the sale. Other markets exist, but this one has a unique concept that puts it in its own category with little to no direct competition. This community oriented market is in an ideal location for its customers to walk to. It boasts rave reviews for its customer service and product quality. A new owner may seek to expand this concept in a number of ways including the addition of a juice and smoothie or a raw bar, a wider products variety, extended hours to reach those who shop before or after work, or ideally, the opening of additional neighborhood locations throughout Los Angeles - since this would be relatively easy to roll out since product sourcing is already in place!

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