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Hindu Religious Products- Pooja

  • Status: Available
  • Price: $199,000

Yogen Dhanik

License No:
DRE #01190497
Email:
yogen@lbaweb.com
Office:
510-564-4433
Mobile:
510-427-8597
  • Listing No: 4125
  • Status: Available
  • Area: Santa Clara
  • Price: $199,000

Description

The only store of its kind in S.F. South Bay! No Competition! Store carries all accessories needed for Hindu Religious Ceremonies (Pooja), Exquisite Hand Carved idols, Beautiful Temples, Brass Lamps, and many more items. High markup over 100%. Very low rent $850 per month. Seller claims his  Annual Gross Sales $150,000 and he also claims his Net Income is about $80,000 a year. This is a well established business for the pass 25 years with vast clientele throughout the Bay Area and beyond. Great Opportunity for the owner operator. Asking Price is $199,000 including inventory worth over $75,000.

Business Information

Ownership Type: Sole Proprietorship
Year Established: 1997
Year Purchased: 1997
Business Type: Retail- Hindu Religious products
License(s) Required: Business
Hours of Operation: 10 Am- 6 PM / 6 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4125
Date Available: 04/21/2022
Reason For Sale: Retiring

Financial Information

Annual Total:
150,000
Revenue:
Annual Net Income:
80,000
Inventory:
75,000
Monthly Payroll:

Lease Information

Base Rent:
850.00
Lease Expires:
Lease Option:
NNN:

Financing Information

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

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