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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.
Last Updated | 8/9/2024 | Community | Temple City |
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County | Los Angeles |
Price History
Prior to Aug 9, '24 | $1,500,000 |
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Aug 9, '24 - Today | $1,250,000 |
Additional Details
AREA | Temple City |
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Location
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