Description
This is an exceptional opportunity to acquire a well-established supermarket situated in a prime location. This standalone building spans 9,600 square feet on a 14,854 square foot lot, providing ample space for operations and customer convenience. The monthly rent is only $11,350, secured until 2030 with options for extension, and the annual increase is just $350, ensuring manageable future costs. The supermarket employs 20 staff members, including 15 full-time and 8 part-time employees, ensuring smooth daily operations. The business has shown consistent annual revenues between $5.5 million and $6 million, reflecting strong market demand and profitability. The current owner took over the business in 2021, and all financial records are available for review. This is an attractive investment opportunity for those looking to expand their business portfolio with a well-established and profitable supermarket.
Construction Details
- Property TypePurchase
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$1,500,000
Other
- MLS #AR24142709
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Sitong Liu (#AR43335)
Listing Office: CBD Investment Inc T.C. (#30823)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
