$2,500,000
Grocery and Meat Market
- Status: Available
- Price: $395,000
Matt Sadati
- License No:
- DRE #00704888
- Email:
- matt@lbaweb.com
- Office:
- 925-932-2450 x101
- Mobile:
- 925-932-2450
Description
Well-Established Market since 2006 in the same location on a 3,600 sqft. space, surrounded by several anchor stores and eateries. Base Rent is $3,500 a month. Lease expires 2027 with 1 x 5 years options. There are 2 x Full Time and 2 x Part Time Employees with $6,000 payroll of a month. Seller claims his Gross Annual Sales is about $1,200,000 and his yearly Net Income is about $240,000. Hours of operations; (9.30 am-8.00 pm / 7x days a week). The store has bakery section that bakes Middle Eastern bread such as Naan and Barbary daily. Also, has a Deli section for cold sandwiches and hot Kabobs with freshly baked Naan.
Business Information
Ownership Type:
Sole Proprietorship
Year Established:
2006
Year Purchased:
2006
Business Type:
Grocery & Meat Market
License(s) Required:
Business, Health,
Hours of Operation:
9.30 am- 8.00 pm
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4115
Date Available:
03/28/2022
Reason For Sale:
Retiring
Financial Information
- Annual Total:
- 1,200,000
- Revenue:
- Annual Net Income:
- 240,000
- Inventory:
- Monthly Payroll:
- 6,000
Lease Information
- Base Rent:
- 3,500
- Lease Expires:
- 2027
- Lease Option:
- 1 x 5 years
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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