Convenience Market (Beer & Wine License)
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $550000
Net Profit / Cash Flow $145000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1968
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Owner has other business.
Description The business has been established over 40 years, current owner took ownership two years ago, market, grocery, and beer / wine. Spanish speaking area. Its located on the corner of major street. Near junior high school.
They offer lottery,phone cards, cds, western union, atm machine, adult movies, good potential for more check cashing. 80% hispanic customers.
Business profile:
1. Monthly gross: $45,000 on the book.
2. Nop: more than $12,000 aftre all expenses.
3. Open hours:8am to 10pm.
4. No of employee: 2 full time plus owners wife.
5. Rent: $2,100 on 2,200 sqft.
6. Utilities: $1,100.
7. Current owner: 2 years.
8. Lease:8 years left.
** The market also has build in hood so it can be use for fast food and previous owner was offering meat product, so the new owner may want to start selling meat products as well.**
Disclaimer: information has been provided by the seller(s). Broker has not verified this information and makes no representation as to its accuracy. Prospective buyer(s) should rely upon their own verification and that of their financial and legal advisors of this information. Contact for more information on this convenience market for sale.
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