Active
Boulevard
Temple City CA, 91780
$1,250,000
Active
Commercial
Listed by Sitong Liu with CBD Investment Inc T.C. 626-238-8968
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.
AR24142709
MLSⓇ ID
July 11, 2024
Listed
August 30, 2024
Updated
Map
Boulevard
Temple City CA, 91780
Other Property Details
Area Name
661 - Temple City
Days on Market
29
Garage
No
View
No
County
Los Angeles
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
8/9/2024 | Price change | $1,250,000 -17% |
Listing Contact: 626-309-1900
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 8/30/2024 at 7:19 PM UTC