$2,500,000
Market / Groceries Store
- Status: Available
- Price: $699,000
Lida Sadati
- License No:
- DRE #01825510
- Email:
- lida@lbaweb.com
- Office:
- (925) 9325-2450
- Mobile:
- (925) 932-2450
Description
Market Making
Net Income $250,000
This is a Market that Grossing over $1.9 million for 2021 with Net Income of over $250,000. This is a 2,200 Market with $4,200 monthly Rent in a busy shopping center right off of the freeway. Lease expires 2026 plus 1 x 5 years option. Beside the Grocery section, the Market has produced and fresh fruits. There are 4 x Full time employees, 3 x butchers, and one Clerk. Hours of operation; 6 x days a week (11.00am- 7.00 pm). Seller claims his business has strong Gross Sale of over $1.8M and he also claims his Net Income of over $250,000. Inventory is around $110,000. Prospect buyers need proof of down payment of at least $250,000. Bank Approved for Loan.
2019 Gross Sale: $2,000,000 / Owner Salary $250,000 / Payroll $112,000
2020 Gross Sale: $2,100,000 / Owner Salary $230,000 / Payroll $123,000
2021 Gross Sale: $1,900,000 / Owner Salary $204,000 / Payroll $ 116,000
Business Information
Ownership Type:
Corporation
Year Established:
Year Purchased:
2016
Business Type:
Grocery Store
License(s) Required:
Business, Health,
Hours of Operation:
11.00 am- 7.00 pm/ 5 x days a week
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4100
Date Available:
03/08/2022
Reason For Sale:
Other interest
Financial Information
- Annual Total:
- 1,900,000
- Revenue:
- Annual Net Income:
- 250,000
- Inventory:
- 110,00
- Monthly Payroll:
- 9,666/m
Lease Information
- Base Rent:
- 4,200/m
- Lease Expires:
- 2026
- Lease Option:
- 1 x 5 years Option
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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