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San Mateo, San Mateo County, California
Great Grocery Business, High Cash Flow, Semi-Absentee
Asking Price
$200,000
Revenue
$500,000
Down
$20,000
Cash Flow
$50,000
Name: Elijah Gjovig
Phone: Show phone number
Name
Elijah Gjovig
Phone
Show phone number
Description
Strategically located in an area with high foot traffic, the 5,000 square foot store is perfectly situated to attract a steady stream of customers. The business operates under a secure 10-year lease, allowing for long-term stability and peace of mind.
Run primarily absentee, this business is a rare find in the retail sector, offering potential buyers the unique benefit of flexible ownership. Despite the owner's limited involvement, a dedicated team of 10 loyal employees keep the operations running smoothly.
The owner, looking to retire, is offering comprehensive support and training to ensure a smooth transition. This is an exciting opportunity for an ambitious entrepreneur to capitalize on the business's solid foundation and foster further growth.
Included in the sale is $5,000 worth of Furniture, Fixtures, and Equipment (FFE), ensuring you have everything you need to maintain the business's success from day one.
Don't miss this rare opportunity to own a thriving grocery business in San Mateo. Contact the broker today for more details. This could be the perfect investment for you.
Business Details
Year Established:
2005
Employees:
10
FE&E:
5,000
Reason for sale:
Looking to retire
Support & Training:
Support and training included
Property Information
Size in Square Feet:
5,000 sqft
Lease Terms:
10 year lease
Premises Details:
Great location, high foot traffic
Lease & Tenant Information
Posting Information
Posting ID:
8343043
Business Category:
Retail
Business Types:
Grocery Store
Attributes:
Absentee Run
For Sale By Owner
Training And Support
Attachments
Non-Disclosure Agreement
Interested in this business? Request to sign the NDA to receive exclusive information.
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Once signed, you’ll receive access to confidential business details including the business name, address, and financials.
Posting Title
Great Grocery Business, High Cash Flow, Semi-Absentee
Posting ID
#8343043
Full Name (Required)
Email (Required)
Phone (Required)
Your NDA Request has been Sent!
Please check your email for updates — the seller will send you the NDA to review and sign before sharing any confidential details.
Agent, Broker or Seller Contact
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