Business For Sale

East Bay Asian Supermarket, SBA loan, High Volume

Not Disclosed, CA
Alameda County

East Bay

Asking Price: Annual Revenue:
$875,000 $3,010,208

Food & Beverage: Grocery & Food Stores

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RE: East Bay Asian Supermarket, SBA loan, High Volume Broker: Michael Floorman
License #: 01160661

Quick Facts

Asking Price: $875,000
Annual Revenue: $3,010,208
Net Profit: Not Disclosed
Cash Flow: $244,911
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: 11
BBN Listing #: 7137931
Broker Reference #: 8555

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Business Overview:

This East Bay Asian supermarket has been established for over ten years. It was recently remodeled with a new refrigeration system, a walk-in cooler and freezer, a deep fryer, a live fish tank and a lot more. Products include Asian groceries, meat, seafood and fresh produce. The sales on its tax returns have consistently been over $3M in recent years. Observation is strongly recommended to understand the income potential. Its young owners are motivated to sell in order to pursue different careers. Inventory of $300,000 is included in the purchase price. Business has been pre-approved for SBA financing with 20% down. Ref#8555

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Market Competition and Expansion:

Few competitions nearby

Reason for Selling:

Career & lifestyle change.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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