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Mexican Grocery Store

  • Status: Sold
  • Price: $199,000

Susan Mehravar

License No:
DRE #01448422
Email:
susan@lbaweb.com
Office:
(925) 932-4395
Mobile:
(925)932-2450
  • Listing No: 4447
  • Status: Sold
  • Area: Contra Costa County
  • Price: $199,000

Description

2100 sqft Mexican Grocery Market with Butcher and Full kitchen is located in busy shopping plaza. It’s surrounded by several different shops, Anchor business and more than 1000 residential. Low rent  $5300/mo including NNN , Garbage and parking to share.  The landlord gives 5 years lease + 5 years to qualify buyer. There are 2 walk-in freezer, one walk-in cooler , 9 feet hood and more and more.  Labor is $7,000/m, 3 full time employee. It has tobacco and abc license for beer and wine. Open 7 days a week (9 AM-9 PM). Gross sale $800,000 yearly. Net $100,000 yearly.

Business Information

Ownership Type: Sole Proprietorship
Year Established:
Year Purchased:
Business Type: Grocery Store
License(s) Required:
Hours of Operation: 9 AM-9 PM
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4447
Date Available: 08/02/2024
Reason For Sale:

Financial Information

Annual Total:
800,000
Revenue:
Annual Net Income:
100,000
Inventory:
Monthly Payroll:
7,000

Lease Information

Base Rent:
5,300
Lease Expires:
Lease Option:
NNN:
included

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

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