Convenience Market
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $500000
Net Profit / Cash Flow $75000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1990
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Description Market in the nicest and safest location in the city! Asking price is $320 but will look at ALL strong offers. The store has a European charm and is about 1700 ft2. The seller has operated in this location for 17 years and wants to move on to better bigger things. Seller claims annual Gross of over 500K with net profit of approximately 75K+. The rent is very cheap and stands at $2700/month until 2010, $3000/month thereafter. The Lease is 10+5 year option. There is an ATM machine, Lotto, and phone cards. Owner claims Beer and Wine=20%; Deli=20%; Grocery=30%; Other =30%. There is a lot that could be done in the store to skyrocket the profits! Make an offer and you WILL be happy operating this friendly neighborhood market. Email or contact Igor / Arka at (415) 781-9300 or (415) 244-6051 for more information on this Convenience Market for sale.
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