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#Business ID: 17002

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Asian Food Wholesale And Retail Business

Business Location: Los Angeles, California, United States

Asking Price: $ 3,000,000 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

Financials:

Inventory Included?: No
Gross Sales: $2,000,000/ mo
Net Profit: $60,000/ mo
Annual Net Profit: $720,000

Property Info
Size: 48,000 Sq. Ft.
Rent: $28,500/ mo.
Expires: 12/31/2014
Option(s): 5 years
Terms: Gross

Long term establish business,cooling system for food,large warehouse,high gross sale business

Organization:

The business is organized as a S-Corporation. It was established 15 years ago and the current owner has been in place for 15 yrs. It employs 25 full time employees and 2 part time employees. Licenses required for operation: Business,Beer & Wine.

Property Details

Years Established:

15 years

Property Type:

Lease

FF&E:

$ 2,000,000

Inventory Value:

$ 3,500,000

Other Business Details

Business Location:

The business is located in the LA County Area. It is near 10 freeway and Asian community Parking: plenty

Business Operation Details

Employees:

25 full time employees and 2 part time employees

Trading Hours:

7days - 8:00AM-5PM

Miscellaneous Details

Reason For Selling:

Retiring

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