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For Sale: Supermarket - Excellent Location, Absentee Run - Alameda County, California

$995,000.00

Asking Price

Alameda County Supermarket - Excellent Location, Absentee Run Business For Sale
Supermarket - Excellent Location, Absentee Run Company For Sale
Alameda County Supermarket - Excellent Location, Absentee Run Companies For Sale
Buy, Sell A Supermarket - Excellent Location, Absentee Run Business

Description

The 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. There is huge potential to increase sales by adding Lotto/lottery, check to cash, fast food, and increasing hours of operation (Current business hours are 7 am to 9 pm).

Seller Claims: Gross Sales are $250,000/month at a 35% margin and Net income over $325,000/year for 2022, Rent is $10,500/month plus NNN for a 7,150 sq. ft. store, No Lotto/lottery sold currently, Payroll is over $29,000/month for an absentee owner.

The buyer must have $400,000 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 (Agent - 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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Contact

  1. Name: Prabhjot Randhawa
  2. phone iconPhone: 209-815-3842 Cell
  3. phone iconPhone: 209-815-3842 Text

Details

  1. Asking Price: $995,000.00

  2. Down: $400,000.00

  3. Cash Flow: Call/Email

  4. Revenue:    $3,000,000.00

  1. Area: Alameda County

  2. City: None Given

  1. Attributes:

    Semi-Absentee RunFinancial AssistanceTraining & SupportSBA Loan Pre-Qualified

My Notes About This Listing

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Related Links & Information Regarding This Posting

Email Prabhjot Randhawa Below About This Posting


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