$789,000.00
Asking Price
Address: San Jose,
Status: Active
Posting ID: 284079
7/14/24
Description
Description:
This high end market is conveniently located inside the retail area of one of the most luxurious apartment communities in North San Jose. This business is a famous contemporary market stocking snacks, Organic products, groceries, beer, and wine selections. The North San Jose area is known for its tech industry, with many tech companies and research institutions nearby. The neighborhood has various residential and commercial areas, parks, and recreational spaces and a new Middle & High school in the immediate vicinity. Sellers are planning to relocate and semi-retire. This well-established and popular spot offers extremely high upside potential for an owner-operator. An energetic and tech-savvy buyer could benefit from online tools for boosting revenue through delivery services. The seller is willing to work with the new owner to ensure a smooth transition and provide training and support as needed.
Equipment: Cash Register with POS, Walk-in cooler, Reach-in cooler, Security System with Cameras and DVR, ATM Machine, Gondola Shelving, and Much More. A complete list of equipment is available with the Listing Broker
General Information:
Organization: Corporation | Square Footage: 1,570 Sq. Ft. | Licenses Required: City Bus Lic, Health Permit, Sellers Permit, Tobacco License, Type-20 Beer & Wine License (included & transferable) | Hours: Mon – Sat 8:00 am to 9:30 pm, Sun 8:00 am to 8:30 pm |
Reason for Sale: Semi-Retirement & Relocation.
Lease Information:
Rent: $4,163/month plus %age rent equal to 7% of gross sales over breakpoint. Break Point varies between $713k to 876k over lease term.
Lease: 7 Years through Nov. 30th, 2030.
Revenue:
Sales: ~$100,000/Month plus Other Income approximately $25,000/year in Lottery & ATM commission. (As per Seller, not verified by the Broker).
Financing: SBA Financing for eligible buyer.
All information contained in this document resulted from representations by Seller. Mission Peak Brokers, Inc. and its agents can not and will not verify the accuracy or completeness of any information. Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process.
To get more information about this Convenience Grocery Store - With Beer And Wine business for sale in San Jose please phone Harry Sidhu, CBB, CBI (Intermediary, ProBuySell Member, Broker - BRE License #:01433114) at 510-490-9705 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #284079 on BizBen.com. In addition to phoning Harry Sidhu, CBB, CBI, make sure you email Harry Sidhu, CBB, CBI above to get more info about this Convenience Grocery Store - With Beer And Wine, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01433114. Mission Peak Brokers, Inc..
Contact
Details
Asking Price: $789,000.00
Down: 25-30%
Cash Flow: $221,269.00
Revenue: $1,200,000.00
Area: San Jose
City: San Jose
Attributes:
My Notes About This Listing
Cash flow
Cal//Email
Revenue
$1,400,000
Down
$112,500
Posting: 286469 | Available | 7/24/24
An established boba business is selling a high-performing store, along with exclusive territory rights for the Bay Area. The business offers several streams of residual income and operates as a turnkey operation, making it easy to manage. However, potential buyers must possess restaurant experience.
Asking Price
$750,000
Cash flow
$130,000
Revenue
$791,400
Down
Call/Email
Posting: 286791 | In Escrow | 7/27/24
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Down
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Revenue
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Down
$749,000
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$749,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
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$349,000
Cash flow
N/A
Revenue
N/A
Down
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Posting: 283934 | Available | 7/27/24
Price reduced! This attractive cafe-deli in North County Coastal Area is now available for an asset sale at $40,000 plus inventory. The 1,840 sq ft. space, complete with a patio, offers a great opportunity in a thriving business park. The monthly rent is $3,100.
Asking Price
$40,000
Cash flow
$77,113
Revenue
$466,499
Down
$1,100,000
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Asking Price
$1,100,000
Cash flow
N/A
Revenue
N/A
Down
$100,000
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This laundromat has a great history of revenue, loyal customers, and machines in great working condition. This is an awesome opportunity for owner-operators who bring their own attendants. It has a motivated seller that needs to move out of the town in the next few months. Huge store - 3666 sqft
Asking Price
$100,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Asking Price
$2,500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$50
Posting: 287671 | Available | 7/23/24
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Asking Price
$115,000
Cash flow
$590,250
Revenue
$1,900,000
Down
$3,250,000
Posting: 287327 | Available | 7/24/24
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Asking Price
$6,500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
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Asking Price
$4,500,000
Cash flow
Call/Email
Revenue
$1,500,000
Down
All Cash
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A complete remodel was done from top to bottom of a long-existing Topless Club in Orange County. The club is housed in a freestanding building with its own parking lot and additional street parking. It looks beautiful after the renovations, with lots of money invested in it.
Asking Price
$850,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Asking Price
Call/Email
Cash flow
$29,668
Revenue
$227,651
Down
Call/Email
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Asking Price
$100,000
Cash flow
$316,390
Revenue
$2,406,911
Down
$636,750
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Asking Price
$849,000
Cash flow
$100,000
Revenue
$900,000
Down
$337,500
Posting: 277116 | Available | 7/23/24
This Northern California-based screen printing and embroidery company is a California Sub-Chapter S Corporation and was formed 25 years ago and has been servicing customers with their screen printing, embroidery, calendars, signs, and a large variety of various items.
Asking Price
$450,000
Cash flow
Call/Email
Revenue
$580,765
Down
$375,000
Posting: 285964 | Available | 7/22/24
For sale is a one-stop shop for all vehicle repair needs. It is well-established and 40 years old. This auto mechanic shop is repair pal certified with napa auto care and accepts Carmax extended insurance. They have a repeat customer base with a great reputation.
Asking Price
$375,000
Cash flow
$100,000
Revenue
$800,000
Down
$499,000
Posting: 286865 | Available | 7/23/24
This Northern California based Custom Cabinet Manufacturer is a California Sub-Chapter S Corporation that has been in operation for the past 42 years. They have been creating beautiful factory direct cabinets since 1980.
Asking Price
$499,000
Total Investment
$543,000
Min Liquid Cash
$200,000
Net Worth
$200,000
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Franchise Fee
$49,500
Cash flow
$170,000
Revenue
$1,700,000
Down
$850,000
Posting: 286812 | Available | 7/24/24
This 31-year-old Northern California based business has been in operation at this location for almost 12 years. This is a well-established retailer in the area, renowned for their selection of home and garden needs.
Asking Price
$850,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286913 | Available | 7/27/24
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$128,000
Cash flow
$192,000
Revenue
$345,000
Down
$325,000
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Asking Price
$650,000
Cash flow
$160,000
Revenue
$400,000
Down
$449,000
Posting: 283855 | Available | 7/23/24
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Asking Price
$449,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
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Asking Price
$629,999
Cash flow
$32,326
Revenue
$111,717
Down
Call/Email
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Asking Price
$59,000
Cash flow
$150,374
Revenue
$694,476
Down
$32,000
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Cash flow
$325,000
Revenue
$500,000
Down
$1,285,000
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