Market With European Charm
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $500000
Net Profit / Cash Flow $500000
Cash Flow Type Sellers Discretionary Cash
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 is in a great location! Asking price is $320,000, but will look at all strong offers. The store has a European charm and is about 1,700 sq. Ft. The seller has operated this location for 17 years. Seller claims annual gross sales of over $500,000 with a net profit of approximately $75,000+. The rent is $2,700 per month until 2010, $3,000 per month thereafter. The lease is 10 years plus 1 + 5 year option. There is an ATM machine, lotto and phone cards. Owner claims beer and wine=20%; deli=20%, grocery=30%, other=30%. Make an offer and you will be happy operating this friendly neighborhood market.
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