NEWARK, California
| Asking Price |
$450,000 |
Year Established |
2025 |
|
| Annual Revenue |
$651,562 |
Reason for Selling |
Moving |
|
| Annual P/L |
$250,670 |
Attention |
Business Team |
|
| Annual Cash Flow |
$250,670 |
Listing Number |
1006690 |
|
| # of Employees |
2 |
Business Category |
Food & Beverage: Grocery & Food Stores |
|
Business Overview:
Highly profitable Indian and South Asian grocery market in Newark, California. Only one year old with all equipment and fixtures brand new, this turnkey store offers authentic Indian spices, specialty groceries, ready-to-eat foods, sweets, and hard-to-find international products. Located in a busy shopping center with strong foot traffic, it has quickly built a loyal customer base and generates strong cash flow. Significant growth potential exists through expanded product lines, catering, online ordering, and delivery. Ideal for an owner-operator or family buyer seeking a modern, profitable retail business. SF11841
Reduced Purchase Price
Property Features and Assets:
<p>The current lease will expire on 1/31/2029; a new lease is available. Rent $5,031, NNN $201</p><p>Square Feet 1,950</p><p>Licenses: Retail Food Facility Permit, CDTFA, Business</p><p>Hours: Monday through Thursday from 9 am to 9 pm, Friday through Sunday from 9 am to 9:30 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