$2,500,000
Grocery Store
- Status: Expired
- Price: $350,000
Matt Sadati
- License No:
- DRE #00704888
- Email:
- matt@lbaweb.com
- Office:
- 925-932-2450 x101
- Mobile:
- 925-932-2450
Description
$350,000
Market for sale
ThisĀ Newly remolded Grocery store is Clean and very bright. Located in one of the busiest street of Oakland. There is no competition in a immediate area. The store is surrounded with a lots of residential homes. Owner claims $60,000 Gross incomeĀ with very high profit of 35% to 40% Mark up. The owner is absentee now, the place has two employees. Owner Operator can easily make $10,000 a month and increase the business revenue. Rent is $5,000/m long term Lease (5 years + 5years option). The Seller may Finance part of the down payment for the right operator.
Buyer needs to put $200,000 down inventories.
Business Information
Ownership Type:
Corporation
Year Established:
Year Purchased:
Business Type:
Market and Grocery
License(s) Required:
Business, Health
Hours of Operation:
7am-10pm
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4206
Date Available:
11/25/2022
Reason For Sale:
Other Interest
Financial Information
- Annual Total:
- 720,000
- Revenue:
- Annual Net Income:
- 120,000
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- 5,000
- Lease Expires:
- Lease Option:
- NNN:
Financing Information
- Down Payment:
- 170,000
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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