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Grocery Store

  • Status: Available
  • Price: $1,500,000

Kuldeep Clar

License No:
DRE #01887929
Email:
kuldeep@lbaweb.com
Office:
925-932-2450
Mobile:
925-932-2450
  • Listing No: 4381
  • Status: Available
  • Area: San Francisco County
  • Price: $1,500,000

Description

One of my best listings of 2024, this is a Farmer’s Market in the heart of downtown San Francisco. Apart from the everyday selection of groceries, you can find a huge variety of produce and goods from local farmer’s markets in the area. Half of the grocery is marked up 50%, but the produce, which is the main demand here, is marked up at 80% profit margin. Owner currently has 5 employees, and is an absentee manager/owner, only having to manage this store about 10-15 hours/week. Store grosses over $2.5 million a year. There is a coffee bistro in the works, allowing for more coffee options and customer base expansion. Monthly lease is $10K, which is renewable every 5 years. Employee payroll is $30K/month. Listing price is $1.5 million, plus $100K for inventory. If you have the means to buy an extremely profitable, turn-key business right now, DO NOT let this golden goose get away from you! Call me if you are interested. I do have a vetting process for potential buyers, so serious inquiries only.

Business Information

Ownership Type: Sole Proprietorship
Year Established:
Year Purchased:
Business Type: Grocery Store
License(s) Required:
Hours of Operation: 8 AM-8 PM
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4381
Date Available: 03/15/2024
Reason For Sale:

Financial Information

Annual Total:
Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
10,000
Lease Expires:
Lease Option:
NNN:

Financing Information

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

Contact Us

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