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For Sale: Asian Grocery Supermarket - High Volume - East San Francisco Bay Area, California

$825,000.00

Asking Price

  • Status: Active

  • Posting ID: 275322

  • 7/24/22

Description

Asian grocery supermarket business for sale in east bay area. The current owner is retiring after 20+ years in business. The sale is only for the business and real estate is not included in the sale. The current yearly net for the seller is $180k. The average yearly sale is very consistent with one million gross revenues.
Here are the financials
for year 2020:
Gross sales revenue:$ 1,009,528
Net profit :$218,909.58
for year 2019:
Gross sales revenue:$942.987.00
Net profit: $178,499.60

SBA loan approved with 20-25% down payment.
Inventory valued at approximately $230,000 is included in the asking price.SBA business loan is approved with inventory price embedded in the asking price.
Confidential sale .NDA will be required before providing any further details

Call agent Amarjit Singh for any further details.

To get more information about this Asian Grocery Supermarket - High Volume business for sale in East San Francisco Bay Area please phone Amarjit Singh at 707-624-5878 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #275322 on BizBen.com. In addition to phoning Amarjit Singh, make sure you email Amarjit Singh above to get more info about this Asian Grocery Supermarket - High Volume, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01832355. ReMax Gold Of Fairield.

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Contact

  1. Name: Amarjit Singh
  2. phone iconPhone: 707-624-5878

Details

  1. Asking Price: $825,000.00

  2. Down: $160,000.00

  3. Cash Flow: Call / Email

  4. Revenue:    $1,000,000.00

  1. Area: East San Francisco Bay Area

  2. City: None Given

  1. Attributes:

    Broker CooperationTraining & SupportSBA Loan Pre-Qualified

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Email Amarjit Singh Below About This Posting


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