Business for Sale

Meat & Produce Market

BizEx627-AK

Background

General Location:los Angeles, CA
Category: Other Food Stores
Supermarkets
Years in Business:21
Under Present Owner:16
Hours of Operation:mon-sat 8am-8pm sun 8-4 b
Owner Hours:mon-sat 8-8, sun 8-4
Training:4 weeks @ 20 hours
Organization Type:Sole proprietor
Lease Expiration:
Lease Options:
Building Size:1,650
Employees:3
Reason for Sale:Other Business Interests

Financials

Asking Price:$279,000
Down Payment:Negotiable
Gross Sales:$642,457
Discretionary Cash Flow:$119,707
FF&E:$100,000
Inventory Included?
Inventory:$15,000
Min. Operating Capital:$30,000
Real Estate Available?No
Rent:$5,000
Financing:Call

2012 2011 2010
Gross Sales $ 642,457 $ 621,378 $ 633,048
Gross Profit $ 252,819 $ 250,803 $ 246,853
Disc. Earnings $ 159,086 $ 153,467 $ 171,786

Description

Excellent, established and successful meat and produce market in Los Angeles.

21 years of success at this location on a major Los Angeles business street with excellent foot and vehicle traffic.

Choice cuts of meat, fish and poultry at reasonable prices have attracted a loyal customer base to this busy market.

Fresh produce and beverages are also offered at the business.

A fully equipped shop with a full kitchen offers a complete turnkey operation that is ready to go the day you take over. The equipment allows for a BBQ addition to the business.

Two walk-in coolers add to the possibilities for growing the business as does the opportunity to expand the size of the store when a neighboring business owner retires within the next few months.

A knowledge of Armenian and or Russian would be helpful for a new Owner.

This is an Owner operated/family run business.

Interested parties please register at www.bizex.net then call Arthur Kessler at 310 882-2200 x126 or cell 310 650-7900.


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.

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Arthur B. Kessler
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rel, CA 90292
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004