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Grocery Store

  • Status: Pending
  • Price: $249,000

Matt Sadati

License No:
DRE #00704888
Email:
matt@lbaweb.com
Office:
925-932-2450 x101
Mobile:
925-932-2450
  • Listing No: 4264
  • Status: Pending
  • Area: Santa Clara
  • Price: $249,000

Description

$120,000/ Net Income

This money making Grocery Store is located in a beautiful Shopping Center, easy to get in with a lots of parking in the heart of Milpitas, Ca. owner claims, the store does $60,000 a month sale plus more. Rent of $6,781.00 a month which is very low for the area. The Business is on a 2,880 sqft. with a great Lease. Lease expires 2028 plus 1 x 5 years options. Has walk-in cooler with extra feeders.

Owner operator can make over $120,000 net per year.

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Grocery Store
License(s) Required: Business, Health
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4264
Date Available: 03/29/2023
Reason For Sale: Other Interest

Financial Information

Annual Total:
720,000
Revenue:
Annual Net Income:
120,000
Inventory:
Monthly Payroll:
8,000

Lease Information

Base Rent:
6,781/m
Lease Expires:
2028
Lease Option:
1 x 5 years Option
NNN:

Financing Information

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

Contact Us

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