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
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: