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Businesses For Sale   >>   California Businesses For Sale

Grocery Store For Sale

Location  California,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2010
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned

Description  
Business for sale ($150,000) plus real estate ($599,000). Store sale: $30,000 /month at 40% profit margin. Store size: 3,000 sq.ft. estimated Storage room: 1,300 sq.ft. estimated Lot size: 15,681 sq.ft. estimated. Potential: buyer shall have potential to great more income by introducing abc license, cash cashing, western union. Currently the owner is running it as grocery store with no abc license. But with wine & beer, liquor in place, buyer can get the walking customer with more products and generate more revenue. Buyer shall buy both business and real estate for above price. Business purchase is not offered separately. Buyer has to come up with at least $300,000 down payment for consideration of assumption of existing loan and owner's purchase price for business. Facilities: the property has huge parking lot and situated near high traffic area. The store size is 3,000 sq.ft. estimate. With 1,300 sq.ft estimate storage room. At the back of the store building, there is enough space to unload shipments. Owner has spent approx. $150,000 on building renovation which include improved roof. Competition: the business is located near high commuter area and located near one of the main street of the town. Growth and expansion: in term of services, buyer can add abc license to make it as liquor store and increase the sale by using existing potential. Prospective buyer has to sign the nda of classic before any further disclosures. Contact for more information on this grocery store for sale.


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