Latino Market and Taqueria

$175,000

Orange County

Asking Price: $175,000 plus inventory aprox. $50,000

Type of Business: Latino Beer & Wine Market & Restaurant
Location: Anaheim
Hours of Operation: Sunday- Thursday 8-8 pm / Friday- Saturday /8-9pm
Gross Sales: $ 48,000-52,000 mo. market plus check cashing $300,000 per month plus restaurant
Adjusted Net Profit: $ 5-6,000 per month all help run owner not working on site, absentee run
Total Rent: $ 2,650
NNN: $ none
Length of Lease: 4 ½
Options: 5 year
Sq. Ft. 3,800 including restaurant and extra unit (storage)
Occupancy: N/A
Number of Employees: 28
Full time: 3              Part time:  1
Payroll: $ 8,500-9,000 per month
Insurance: $ 200 / MO
Gas: $ 500
Electric: $ 1,000
Water: $ includes water and trash
Phone: $ 200 TV and internet included
Trash: $ included in rent
Internet and TV: $ included above
Cost of goods: 35% mark up

 Business description

This is a Hispanic neighborhood market with beer and wine, Carceneria, Restaurant and a heavy check cashing business. 100% Help run Business. Owner does not work any shifts. Check cashing is approx $300,000 per month at 1.25 % Charge. When owner previously operated this business he did approx $700,000 per month in check cashing. Additionally the Market and Restaurant did considerably higher sales. Market has 2 walk-in coolers,one of which is a 6 door walk-in, the other is used for extra products and the restaurant. This Market has a huge potential for a buyer who will be on site and operate the business

 

Call for more details.

(714) 366-5498