$2,500,000
Market
- Status: Sold
- Price: $230,000
Lida Sadati
- License No:
- DRE #01825510
- Email:
- lida@lbaweb.com
- Office:
- (925) 932-2450
- Mobile:
- (925) 932-2450
Description
$100,000
Net Income for a Market!
Annual Net income averaging $100,000. Annual Gross income is about $590,000. This is approximately 2,000sqft. space for $2,400 a month Rent including NNN. It is a bright and airy location in the heart of residential and a main street with no competitor nearby. Landlord has been renewing the seller’s Lease ever two years automatically. This location is doing well as ethnic Market but it has potential to do even better by brining it into mainstream market since no large chain supermarket is near by!!
Owner is retiring after 16 years of being in this business.
2020; Annual Gross Income $590,000
Net Income; $100,000
2019; Annual Gross Income $540,000
Net Income; 89,000
2018; Annual Gross Income $630,000
Net Income; 140,000
Business Information
Ownership Type:
Sole Proprietorship
Year Established:
2005
Year Purchased:
2005
Business Type:
Market
License(s) Required:
Business
Hours of Operation:
11.00 am- 7.00 pm / Mon-Sat.
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4032
Date Available:
10/05/2021
Reason For Sale:
Retiring
Financial Information
- Annual Total:
- 590,000
- Revenue:
- 590,000
- Annual Net Income:
- 100,000
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- 2,400/m
- Lease Expires:
- Lease Option:
- every 2 years
- NNN:
- Included
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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