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Business For Sale
FULL SERVICE MARKET
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Asking Price: |
$425,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Conv & Food Stores
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# of Employees:
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3 |
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Yearly Gross Income:
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$298,306 |
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Monthly Payroll:
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$4,800 |
Business for Sale Overview:
This Highly profitable Supermarket is located near 98th Ave. East of HWY 880 in Oakland. Market has ABC Liquor License Type 21. Landlord is offering a 10 years lease with FLAT rent for 10 years with 10 years option. Total Base Rent is $9,500.00 per month. Current Owner has subleased the Meat & Deli department, which generates $1,750.00 p/month as Rental Income. Thus, Net Base Rent is $7,750.00. In order to realize true value of the business, Seller recommends IN STORE OBSERVATION as part of the DUE DILIGENCE. This is a great opportunity for a family owner operator. Seller is very motivated.
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