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Businesses For Sale   >>   Hollywood Businesses For Sale   

Mini Market / Cafe

Location  West Hollywood, California, United States
Asking Price Range  < $250K
Gross Revenues  $537850
Net Profit / Cash Flow  $62520
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1987
Number of Employees  4 - 5
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Reason for Sale  Retiring

Description  
Excellent Opportunity to obtain profitable, centrally located, beautifully upgraded deli/caf/food market in West Hollywood/Beverly Hills adjacent. Seller is retiring due to health reasons. 25 years in the business, Santa Monica Blvd exposure, and excellent location keep this market/deli profitable for the semi-absentee owner. Monthly profit, with four employees is around $5,000. Payroll is around $10,000 a month. Excellent lease terms, plenty of parking, well trained employees. Seller will provide training, introduce to wholesalers and may stay during the transition period. Buyer can potentially increase cash flow by bringing family members; there are 2 cooks and 2 cashiers. Excellent profit margin, growing sales even in today's weak economy. Custom built displays' value is about $20,000 is included in sales. Beer/wine license [valued at 25-30K] is included in sales price. Financial Statements and Tax Returns will be gladly presented to qualified buyers during due diligence. Proof of funds is required. All of the above information per Seller please rely on your own due diligence on market conditions in Los Angeles County before making any commitment and decision making. For more information, please contact Alex Levitan at 818-640-8080 and also via email.


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