NOT DISCLOSED, California
| Asking Price |
$1,275,000 |
Year Established |
1992 |
|
| Annual Revenue |
$2,228,221 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$315,529 |
Attention |
Business Team |
|
| Annual Cash Flow |
$315,529 |
Listing Number |
1000783 |
|
| # of Employees |
6 |
Business Category |
Food & Beverage: Grocery & Food Stores |
|
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
REDUCED PURCHASE PRICE
Down Payment $1,275.00
Property Features and Assets:
<p>The current lease will expire on 7/30/2030, Rent $8,400, Square Feet 3,932,</p><p>Licenses: Business, Health, Resale, Food Handler, Tobacco</p><p>Hours: Monday through Sunday from 9 am to 8 pm</p><p><br></p>
Market Competition and Expansion:
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