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For Sale: Convenience Store - With Real Estate - Bakersfield, Central Valley, California

895,000+ Inv

Asking Price

  • Address: Bakersfield,

Description

For sale is a grocery store with a beer and wine license located in a free-standing building on busy street with high exposure in Bakersfield, California. Onsite parking spaces are available. There is lots of foot traffic. Commercial and residential neighborhoods surround the business. The store is still growing in sales and has lots of potential. In addition, the operation hours can be extended to have more profitability. SBA financing is possible.

The monthly gross sales are $65,000-$70,000 at approximately a 35% profit margin plus $20,000 lotto/lottery sales at a 6% commission. Additional income from ATM is approximately $500/month. Expenses include utilities (PG&E, internet/phone, water, garbage) at approximately $1,700/month. Insurance is $470/month.

The building is 2,300 sq ft. and the lot size is 8,659 sq ft. There is 1 employee and the owner works only on Saturdays. The hours are from 7:00 AM - 11 PM (Monday Thru Sunday). The asking price is $895,000 plus inventory.

To get more information about this Convenience Store - With Real Estate business for sale in Bakersfield, Central Valley please phone Harbakhsh Randhawa (Broker - BRE License #:01339757) at 209-321-2561 Cell and 209-321-2561 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #271149 on BizBen.com. In addition to phoning Harbakhsh Randhawa, make sure you email Harbakhsh Randhawa above to get more info about this Convenience Store - With Real Estate, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01339757. Great West Property Group.

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Contact

  1. Name: Harbakhsh Randhawa
  2. phone iconPhone: 209-321-2561 Cell
  3. phone iconPhone: 209-321-2561 Text

Details

  1. Asking Price: 895,000+ Inv

  2. Down: 20%

  3. Cash Flow: Call/Email

  4. Revenue:    Call/Email

  1. Area: Bakersfield, Central Valley

  2. City: Bakersfield

  1. Attributes:

    Training & SupportReal Estate IncludedReal Estate AvailableSBA Loan Pre-Qualified

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Related Links & Information Regarding This Posting

Email Harbakhsh Randhawa Below About This Posting


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