Full Service Market, Absentee Run, $161K SDE

Not Disclosed, CA

Bay Area

Asking Price: Annual Revenue:
$375,000 $1,209,136

Food & Beverage: Miscellaneous

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RE: Full Service Market, Absentee Run, $161K SDE Broker: Michael Floorman
License #: 01160661

Quick Facts

Asking Price: $375,000
Annual Revenue: $1,209,136
Net Profit: $161,122
Cash Flow: $161,122
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: 5
BBN Listing #: 1662931
Broker Reference #: 10583

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Business Overview:

Great Full-service market, in an affluent area, fresh fruits, vegetables, and Halal Meat department specializing in Mediterranean Food. It has a Fully Equipped Kitchen with a Type One Hood. Their Ready, Hot, Gourmet Food, (including Beef, Lamb, & Chicken Kababs and other Specialty Dishes) at Awesome Values are popular with customers of all Nationalities. Indoor & Outdoor Seating. Upside potential to Expand Hours, increase Newly Developed ONLINE SALES, and CORPORATE CATERING. The owner is selling to relocate to S. CA. Absentee Run. Perfect opportunity for a family who enjoys working together. $80,000 of inventory is added to the purchase price. 10583

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Property Features and Assets:

The current lease expires on 4/30/2023, Rent $9,695 + $3,138 NNN, 3,350 square feet; Hours Monday thru Sunday from 9 am to 7:30 pm.

Reason for Selling:

Owners are Moving to S. CA

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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