Indian Grocery Store For Sale
Location California,United States
Asking Price Range < $250K
Gross Revenues $204000
Net Profit / Cash Flow $14000
Cash Flow Type EBITDA
Seller Finance No
Year Established 2007
Number of Employees 1 - 3
Inventory 175000
Relocatable No
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 2 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, Dvd rental. Store has 4 doors freezers, 3 door cooler and 12 ft of fresh produce cooler. Has the option to expand the business. The lease currently has 6 months remaining with One 3 Year Option. The revenue has been climbing steadily and it is just a cash cow for either an investor or a family to reap rich benefits. 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 $150,000 which includes fixtures & equipment + Inventory ($20,000 - $30,000 Worth). Serious enquiries only !
Click Here To Contact Seller
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