General Store/Market - 35+ Years in Business

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BizEx ID:BizEx1302-WC
General Location:Los Angeles, CA
Category: General Merchandise Store
Liquor Stores
Years in Business:35
Under Present Owner:3
Hours of Operation:9am - 9pm
Owner Hours:n/a
Training:2 weeks @ 40 hours
Organization Type:S-Corp
Lease Expiration:2023
Lease Options:5 years - 2028
Building Size:2,500
Reason for Sale:Sellers have additional businesses that are in need of their attention


Asking Price:$70,000
Down Payment:Negotiable
Gross Sales:Call
Discretionary Cash Flow:Call
Inventory Included?Yes
Min. Operating Capital:
Real Estate Available?No



A charming family-owned general store with a lot of potential for growth. Located in a strip mall on the corner of a busy street. The neighborhood is comprised of many multi-family residential and commercial units within walking distance of the market. New development in the area includes an office building for 3000+ people that is being built just down the street, and a 700+ residential apartment complex being developed next door. The market has many repeat customers, but the current owners have other businesses that have taken priority. This is a great opportunity for an owner-operator looking to nurture and grow a popular neighborhood market!

LOCATION: The market is located in a strip mall that serves as the only commercial outlet for the surrounding neighborhood. Across the street from the market are the offices of a large corporation with >300 employees.

CUSTOMER: The market experiences increased traffic during lunch hours when local workers from nearby offices visit the strip mall for lunch. Traffic increases again in the evenings when diners visit the well-reviewed restaurants located in the strip mall. Otherwise, many customers are recurring local residents who frequent the market throughout the day.

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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.

William Clark
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 165
Direct: 310-882-2200 X165
Lic#: 02099769

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations