$2,500,000
Grocery Market
- Status: Available
- Price: $250,000
Anne Shay
- License No:
- DRE #02111828
- Email:
- anne@lbaweb.com
- Office:
- 925-932-2450
- Mobile:
- 415-601-7776
Description
Grocery Making
Gross Sale over $1,000,000
Seller started this specialty grocery foods business in 2017, and claims they have steadily grown business to gross over $1M in sales per annual over the past 2 years. Business is located in Alameda County and caters to the local ethnic Indian and Pacific islander consumer population specializing in specialty foods, snacks and spices. Business offers frozen lamb, chicken, duck, goat, fish, (no beef or pork) as well as packaged and canned foods and snacks and beverages and all flavors and spices from the South Pacific islands.
Seller claims monthly gross varies between $80K-$100K/month. COGS: approx. 70% of gross depending on sales.
Monthly Rent $4,700 for a 1,700sqft. space. Lease: 5 yr + 1 x 5 years option.
There are 1 x FT and 3 x PT Employees with $10,000 a month Payroll.
Inventory is not included in asking price.
Business Information
Ownership Type:
Corporation
Year Established:
2017
Year Purchased:
2017
Business Type:
Grocery Market
License(s) Required:
Business, Health, ABC
Hours of Operation:
8am -7pm / 7 x days a week
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4165
Date Available:
07/19/2022
Reason For Sale:
Other Interest
Financial Information
- Annual Total:
- 1,000,000+
- Revenue:
- Annual Net Income:
- Inventory:
- Monthly Payroll:
- 10,000
Lease Information
- Base Rent:
- 4,700/m
- Lease Expires:
- 2027
- Lease Option:
- 1 x 5 years Option
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
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