$449,000.00
Asking Price
Address: San Mateo, 94020.
Status: Active
Posting ID: 276639
3/28/24
Description
Very-high-profit market, due to having a virtual monopoly in the area. Located about 25 minutes from Silicon Valley, in a small town on the Coastal side of the San Mateo County mountains on one of the main roads connecting the Bay Area to the Coast, this market has a rustic outside with an upscale inside. This market is the only one within 10 miles, giving it a virtual monopoly. The profit margin on sales is higher than average because of this, and the lack of competition means high sales and profits for many years for the owner. There is a comprehensive operations manual that misses nothing. We also have a complete cost & sale spreadsheet on every item, along with all vendor records, that supports the unusually-high profit margin. Sales are strong and steady throughout the year as this is the store for the local community
$978,,000 Revenue, $275,000 net income, Average profit margin 45-50%
-New lease available for buyer
-2,500 square feet building with storage space and parking
To get more information about this Retail Store, Market - On The Coast, High Profit business for sale in San Mateo please phone Ricky at 408-234-1502 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #276639 on BizBen.com. In addition to phoning Ricky, make sure you email Ricky above to get more info about this Retail Store, Market - On The Coast, High Profit, to ask any questions or request an appointment to see this business for sale. Thank you.
Contact
Details
Asking Price: $449,000.00
Down: $449,000.00
Cash Flow: $275,000.00
Revenue: $978,000.00
Area: San Mateo
City: San Mateo
Attributes:
My Notes About This Listing
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