Highly Profitable Indian Grocery Supermarket
Location:
United States
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California
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Southern California - San Diego Area
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San Diego
Industry: Food and Beverage > Grocery and Supermarkets
Business Summary
This is a fully operational highly profitable Indian supermarket grocery store for sale in a prime location (In Little India) where all Indians and South Asians come to shop. All fixtures, computers and other assets are included in the sale. The store carries inventory for Indians, Pakistanis, Bangladeshis and Sri Lankans. Store has 24 doors feezer, 18 ft of fresh produce coolers, 12 ft of display cases for fresh sweets and dry snacks. The store also does Lotto, Check Cashing and Western Union Service. It has over 1,100 DVD members and over 7,000 DVDs. The revenue has been climbing steadily and it is just a cash cow for either an investor or a family to reap rich benefits.
The store is open from 9am to 10pm, 7 days a week. WIth an owner operator and 4 employees, the store makes over $31,000 per month in net profits and increasing every month. This store is recognized in the community for the best product quality and selection, excellent customer service and very competitive prices. Even with two stores in the neighborhood, the store has steadily The seller will help verify sales and profit numbers by working side-by-side with the buyer, if required.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$1,425,000
Cash Flow:
$360,000
Cash Flow Type: EBITDA
Inventory: $150,000 in inventory and $355,000 in FFE & lease hold improvements.
Seller Financing: Yes
About The Business
Year Established: 2006
Number of Employees: 4 - 5
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 1 month in person and 90 days over the phone.
Reason For Selling: Diversification.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Grocery and Supermarkets business for sale.
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Print Listing Id: 70088229
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