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San Ramon, Contra Costa County, California
Asking Price
$5,250,000
Revenue
$982,730
Down
$2,500,000
Cash Flow
$416,161
Name: Prabhjot Randhawa
Phone: Show phone number
Name
Prabhjot Randhawa
Phone
Show phone number
Posting ID:
287937
Attributes:
Absentee Run
License (Liquor, etc.)
Owner/Seller Financing
Real Estate Included
Training And Support
Recommended Businesses
Alameda County, California
Supermarket - Excellent Location, Absentee Run
$ 995,000
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.
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