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
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: