Meat Market
Location California,United States
Asking Price Range < $250K
Gross Revenues $960000
Net Profit / Cash Flow $84000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1990
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks at 20 hours per week following close of escrow.
Reason for Sale Other business.
Description Profitable and well-established market for sale, located at intersection of 2 extremely busy streets in Mid San Fernando Valley. Business includes meat market, inside restaurant, groceries, dairy, and dry goods. Market does not have beer & wine. Market is there for 19 years and the current Owner has it for 6 years. Surrounding population is majority Hispanic. Owner works about 10 hours/week. Store is mostly run by employees. Monthly revenue is $80K and net profit of $7K. So a full-time working Owner operator could see an immediate increase in profit. Buyer will negotiate a new lease. Rent for this 2500 sq ft facility is $6,700 gross. Landlord pays for the water bill. Price is $250K plus inventory. For more information, please email or call Rashid Khalid at (818) 342-5222 ext. 324 or at 818 648-0635.
Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of California or its brokers have not verified the information and makes no representations as to its accuracy or reliability.
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