Best Grocer in Los Angeles - Established 61 Years
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Background
BizEx ID: | BizEx1322-AK |
General Location: | Los Angeles, CA |
Category: |
Food & Kindred Products
Miscellaneous Retail
|
Years in Business: | 61 |
Under Present Owner: | 61 |
Hours of Operation: | 8am-7pm 7days |
Owner Hours: | varies |
Training: | None |
Organization Type: | C-Corp |
Lease Expiration: | 12/31/2022 |
Lease Options: | |
Building Size: | 6,450 |
Employees: | 17 |
Reason for Sale: | Death of Founder |
Financials
Asking Price: | $1,695,000 |
Down Payment: | Negotiable |
Gross Sales: | $4,191,524 |
Discretionary Cash Flow: | $364,588 |
FF&E: | |
Inventory Included? | |
Inventory: | |
Min. Operating Capital: | included |
Real Estate Available? | No |
Rent: | $11,600 |
Payroll: | $51 |
---|
Financing: | SBA |
|
2019 | 2018 | 2017 |
Gross Sales |
$ 4,191,524 | $ 4,068,078 | $ 3,072,667 |
Gross Profit |
$ 1,405,611 | $ 1,326,513 | $ 1,269,270 |
Disc. Earnings |
$ 180,980 | $ 109,073 | $ 154,861 |