Search

Market

  • Status: Available
  • Price: $230,000

Lida Sadati

License No:
DRE #01825510
Email:
lida@lbaweb.com
Office:
(925) 9325-2450
Mobile:
(925) 932-2450
  • Listing No: 4032
  • Status: Available
  • Area: Contra Costa
  • Price: $230,000

Description

$100,000

Net Income for a Market!

Annual Net income averaging $100,000. Annual Gross income is about $590,000. This is approximately 2,000sqft. space for $2,400 a month Rent including NNN. It is a bright and airy location in the heart of residential and a main street with no competitor nearby. Landlord has been renewing the seller’s Lease ever two years automatically. This location is doing well as ethnic Market but it has potential to do even better by brining it into mainstream market since no large chain supermarket is near by!!

Owner is retiring after 16 years of being in this business.

2020; Annual Gross Income $590,000

Net Income; $100,000

2019; Annual Gross Income $540,000

Net Income; 89,000

2018;  Annual Gross Income $630,000

Net Income; 140,000

Business Information

Ownership Type: Sole Proprietorship
Year Established: 2005
Year Purchased: 2005
Business Type: Market
License(s) Required: Business
Hours of Operation: 11.00 am- 7.00 pm / Mon-Sat.
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4032
Date Available: 10/05/2021
Reason For Sale: Retiring

Financial Information

Annual Total:
590,000
Revenue:
590,000
Annual Net Income:
100,000
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
2,400/m
Lease Expires:
Lease Option:
every 2 years
NNN:
Included

Financing Information

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

Contact Us

    RELATED PROPERTIES

    $2,500,000

    Gas Station and Mart

    Alameda County
    $150,000

    Franchise Pizza Restaurant

    Contra Costa County
    $900,000

    Liquor Store

    Alameda County