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Supermarket in Hollywood/LA area! for Sale in Hollywood/Los Angeles

Reference #: 41434260
Location: Hollywood/Los Angeles
Price: $450,000
Amount Down: $270,000
Revenues: $1,296,000
Discretionary Earnings: $144,000
Total Assets: $100,000
Business Description:

Longstanding Supermarket in the Hollywood/Los Angeles area.  Established for over 30+years!  Currently operating as a Middle-Eastern Market.  This Supermarket attracts the many local residents of all ethnic groups.  Middle eastern community will drive the distance for this market's great products and prices.  Market is extremely busy throughout the day.  Supermarket includes Deli, Meat, Grocery, Bakery, Pastry, Household items and much, much more!  Supermarket also offers Bill Payment, Moneygram, Money Order, Bus Passes, Check Cashing and EBT.  Currently, no produce or beer and wine which a new buyer can add for growth in customers, sales and income.  Supermarket has 5500 sq. ft. in space with great lease terms.  This long established supermarket exceeds $1.2m in gross sales with over $125k in net.  New buyer can keep Middle-eastern concept or convert to Hispanic Market or any other concept.


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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.