Indian Grocery Store For Sale
Location:
United States
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California
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Southern California - San Diego Area
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Poway
Industry: Retail > Other Retail
Business Summary
This Indian grocery store for sale was established 2 years ago. It is clean and well maintained. The advantage of its location is low rents, ample of customer parking, surrounded by Indian communities, close to Gurudhwara, Mosque, and theaters in which plays Indian movies. The store carries full line of Indian groceries, Fresh produce, Fresh India Sweets & Snacks, Dvd rental. Store has 4 doors freezers, 3 door cooler and 12 ft of fresh produce cooler. Has the option to expand the business. The lease currently has 6 months remaining with One 3 Year Option. The revenue has been climbing steadily and it is just a cash cow for either an investor or a family to reap rich benefits. This store is recognized in the community for the best product quality, selection, excellent customer service and very competitive prices.
Reason for selling: Current owner has a professional job and is unable to devote enough time to run the store properly.
The asking price is $150,000 which includes fixtures & equipment + Inventory ($20,000 – $30,000 Worth). Serious enquiries only !
Financials
Asking Price Range: < $250K
Gross Revenues:
$204,000
Cash Flow:
$14,000
Cash Flow Type: EBITDA
Inventory: $175,000
Seller Financing: No
About The Business
Year Established: 2007
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Sale
About The Sale
Management Training and Support: Will be provided.
Reason For Selling: Current owner has a professional job and is unable to devote enough time to run the store properly.
Click on the "I'm Interested" button above for more information on this Retail > Other Retail business for sale.
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Print Listing Id: 700106750
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