Store is located in a dense Hispanic Neighborhood on a very busy pass-through street, on a corner lot with easy egress and ingress, which makes it a go-to place for its local residents, and commuters. Meat, Produce and Liquor are sold in the store in addition to other groceries. Huge potential to increase sale by adding Lotto/lottery, check cashing, fast food, and increasing hours of operation (Current business hours are 7am 9pm).
Seller Claims: Net Sales $215,000/month (without Sales Tax) at 33% margin for 2021, Net Sales were over $300,000/month (without Sales Tax) at 35% margin for 2020, Rent is $9,200/month plus NNN for 7,150 Sq. ft. store, No Lotto/lottery sold currently, Payroll is over $33,000/month for absentee owner.
The buyer must have 500,000 cash to purchase this business.
Please complete and return the attached confidentiality agreement and questionnaire to get the address and more details.
Disclaimer: The buyer is encouraged to take the necessary steps to conduct due diligence before committing to the transaction. This information has been provided by the seller of the business and has not been verified by the listing agent/broker. This information is subject to errors and omissions in price, projections, opinions, assumptions, future estimates, and other conditions such as lease or financing, or changes or withdrawal without notice. Potential clients/buyers are advised to seek professional help from their accountants and attorneys before purchasing or investing in a business/property.
To get more information about this Supermarket - Excellent Location, Absentee Run business for sale in
Alameda County please phone Prabhjot Randhawa (Intermediary - BRE License #:01355674) at 209-815-3842 Cell and 209-815-3842 Text - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #271720 on BizBen.com. In addition to phoning
Prabhjot Randhawa, make sure you email Prabhjot Randhawa above to get more info about this
Supermarket - Excellent Location, Absentee Run, to ask any questions or request an appointment to see this
business for sale. Thank you. License # 01355674. Liberty Business Advisors Of San Francisco, Inc..
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Established in 1981, This corner store is under the same ownership for the last 41 years. Situated on a corner lot in a two-story structure. The ground floor is occupied by the Grocery Market with 3bd/1bth apartment unit on the upper level generating nice rental income.
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Established in 1981, This corner store is under the same ownership for the last 41 years. Situated on a corner lot in a two-story structure. The ground floor is occupied by the Grocery Market with 3bd/1bth apartment unit on the upper level generating nice rental income.
