LAM SEAFOOD, MEAT & GROCERY   $895,000

Offered for sale is a HIGH VOLUME Asian grocery store in the heart of Seattle’s popular International District.   This business has been in continuous operation for the past 15 years and now attracts large numbers of ethnic (Asian) clients from throughout the Seattle area. 

The store prides itself in maintaining a huge and diverse selection of fresh, frozen  and live seafoods.  There are also departments for the sale of fresh produce as well as for fresh and frozen meat products.

A Hot Food Service department serves hot-meals-to-go of primarily of  an Asian nature.

This business in 2005 booked sales revenues of $ 7,600,000 !!  The net  profit for the same year was $ 600,000.  

The owners now wish to pursue other business interests and are willing to transfer the business into other energetic hands.  The sale will include all FF&E located on the premises ($ 650,000+) as well as existing inventory ($ 100,000+).  The building and property are not included in this sale although a seriously interested entrepreneur could acquire them in the future from the same owner. 

The owner desires to lease the premises to the new business owner for

$ 22,000/mo.  The net profit to the enterprise (after lease payments) should still come in at $ 30,000+ /mo to the new owners.

This is a perfect opportunity for a family that desires to own and operate a complex store with all members of that family participating in the enterprise.  There are currently 30 full time employees.

An onsite office is available for use by the new business owner.