Grocery Market

Grocery Market

Available

$980,000.00

Listing Number :

 3690

Status :

Expired

Price :

$980000

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Description

This supermarket is a well-oiled machine. Key employees have been there for 20 years, and the owner feels free to enjoy personal time. Established in 1958, the supermarket has been under the same ownership since 1990. It serves a primarily walk-in neighborhood. The owner says the supermarket grosses $2,300,000/year and nets $312,000. Enjoy revenue operating the business as is, or add hot foods (in demand – permits in place), rotisserie, beer and wine (cooler space already available), a bakery, Money Gram, Western Union. Tremendous possibility to expand this business. The business is available with or without the real estate, call for details. Call agent, Linda Eisenman (916) 838-4338.

3690

Business Information Financial Information
Ownership Type:  Corporation
Year Established: 1958
Year Purchased: 1990
Business Type: Grocery Market
License(s) Required: Business, Health
Hours of Operation: 8am-9PM/7xdays a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3690
Date Available: 4/16/2019
Reason For Sale: Retiring.
Annual Total Revenue: 2300000
Annual Net Income: 312000
Inventory: 150K-175K current
Monthly Payroll: 17000-18000
Lease Information
Base Rent:
Lease Expires:
Lease Option:
NNN:
 
Financing Information
Down Payment: 980000
Owner Will Carry:
Other Finance Terms:

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