Mediterranean Market, Deli, Bakery & Halal Food
Not Disclosed, CA San Mateo County
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- RE: Mediterranean Market, Deli, Bakery & Halal Food
- Contact: Business Team
- License #: 1160661
Quick Facts
| Asking Price: | $1,500,000 | |
| Annual Revenue: | $2,207,263 | |
| Net Profit: | $110,954 | |
| Cash Flow: | $110,954 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1992 | |
| Employees: | 6 | |
| BBN Listing #: | 1000783 | |
| Broker Reference #: | 11762 |
Business Overview:
A rare opportunity to acquire A HIGH-VOLUME Successful Gourmet Market located on a busy street in San Mateo County. It was established in 1992 and current owner has owned it since 2006. In 2011 it was relocated to a newly Built out Facility nearby. The build out included: New Floors, Plumbing, Electrical, Walk in Cooler & Freezer, fully Equipped kitchen with three Type 1 Hoods and Baking Ovens. This Market is very well-kept, Clean and organized which keeps Strong Customer Retention. It is fully air-conditioned. It has 5 income generating departments: Grocery, Deli, Bakery, Hot Mediterranean Food and Halal Meat Butcher Shop. Must See to appreciate Full Potential. 11762
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
The current lease will expire on 7/30/2030, Rent $8,400, Square Feet 3,932,
Licenses: Business, Health, Resale, Food Handler, Tobacco
Hours: Monday through Sunday from 9 am to 8 pm
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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