Title: Produce Market (Vegetables & Fruit)
Asking Price: $100,000 Projected Annual Revenues: $600,000 Gross Profit margin: 35%
Inventory: $20K (not included in asking Price)
Furniture, Fixtures and Equipment: approximately $100K (included in asking price)
Down Payment required: $120,000 Suggested Working Capital: $20K
Excellent location for this beautifully furnished produce market selling fresh produce, fruits and other products. It is located in an excellent location of San Jose with lots of apartments nearby. Additional apartment buildings are planned to be built nearby. It has great reputation for the quality of its produce and service. It was established about a year ago but due to changed family situation the owner wishes to sell it. Asking price is less than the cost of setting a business of this type. Twelve month revenues will exceed $600,000 and they are showing good growth.
Beer and wine sales, Lotto, can be added increase revenues and profitability.
Leased Space: 1,500 SF space with excellent street visibility in San Jose. Long term lease is available at $2.50 per SF.
The opportunity includes all necessary equipment free and clear. Some of the major items are:
- 24 Ft Produce Case with Compressor
- 8 ft Deli Case with compressor
- 20 ft, 8 door beverage cooler with compressor
- Walk-in Cooler with Compressor
- Isuzu Truck 14ft with Lift-gate
Great opportunity at an excellent location for an amazing price for you to start making some good money.
If you are interested, please contact for more information and NDA. Seller will then screen all prospects and those that are suitable will receive a detailed confidential business profile.