Profile: Grocery Strore / Market In A Busy Corner. Established Business, Very Profitable.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Amit Pandya, Broker
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| Primary Phone: |
831-585-9566 |
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| Alternate Phone: |
831-754-1031 |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
8/25/08 |
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| Date Last Revised: |
10/10/08 |
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| BizBen Ad #: |
119626 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$399,000 |
| Down Payment: |
Make Offer |
| Annual Revenue: |
$1,150,000 |
| Annual Adjusted Net: |
Call/Email |
| Price Range: |
$250,001 to $500,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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This Is A Corner Grocery Store In Downtown Area Of King City. Does Approximately 95,000 To 100,000 Per Month In Sales At Around 35% To 37% Margins.
Owner Currently Does Not Sell Beer And Wine, But City Officials And Abc Say Getting A License Should Not Be A Problem Here. Current Owner Does Not Have Lottery Or Lotto Either, And Adding These Services Will Help Increase The Sales Volume. The Current Monthly Volume Is Actual Volume Without Beer And Wine Permit.
The Current Business Has Been Established For Six Years, And Enjoys A Good Reputation In The Area. Meat Sales Has Great Margins, And Is Owned And Operated By The Owner, Not Leased Out. Currently, The Check Cashing Volume Is Good, And So Is The Money Orders.
Current Rent Is Only 1900 Per Month. The Lease Expires In 2010 And Has Additional Options For Extensions. Landlord Is Also Wiling To Make A New Long Term Lease With Options For You. This Is A Busy Corner With A Lot Of Foot Traffic.
All The Assets, Equipment, Fixtures, Furniture, Racks, Slicer, Coolers And Such Are All Included In The Purchase, Except For Inventory. This Is A Complete Turn Key Operation With Potential For Increased Sales Revenue From Beer, Wine, Lotto, Lottery And Such.
Solid History Of Profitability Makes This Location Very Lucrative. Owner Says He Only Needs 3 Full Time And 2 Or Three Part Time Employees To Run The Operation. Less Employees Means More Profits For You! Low Monthly Rent Makes This Place A Good Money Maker.
Call Us Today For The Confidentiality Agreement, Pro-Formas, And More Details And Information, Or Just Click The Orange Button Above For The Non-Disclosure Agreement, And Fax It In At 831-754-1034.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Amit Pandya, Broker at 831-585-9566 or 831-754-1031 Non Disclosure Agreement |
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