Business Summary

Please contact the business broker Delia for more information pertaining to this established and profitable Hispanic Market business. It is located in a highly populated neighborhood in the San Gabriel area. This business has been established for more than 30 years. The market sells Groceries, Produce, Fresh Meat, Beer/Wine, Dollar store products, Beverages and Lotto. The business also attracts customers for services such as Check Cashing, Money Transfer, Bill pay, ATM, Water and Money orders. These amenities attract additional income/. The supermarkets average sales are approximately $120,000 per month at 30-35% margin. The market itself is sized at about 7000 sq ft. The shop is on a lot with about 30 parking spaces. The rent with included NNN is $8,400. The payroll is around $10,000 monthly. The adjusted seller's net income is $15,000 per month plus $5000 per month income from check cashing. The seller is the landlord and would like to sign a very friendly lease. Seller must sell for other investment reasons. For more information, please contact Peng Guan at cell number (626) 283 7732 with Listing ID 3520.

Property Details