Grocery store/super market.
This mid-sized grocery store has been serving its community for over 25 years and occupies approximately 17,000 sq ft. In a strip mall surrounded by residential neighborhoods yet located on a busy intersection that includes a 7/11 franchise, mexican and asian style restaurants, clothing shop, discount store, tax prep center, and many more.
Where they are the largest store in the strip mall their rent is currently below market at under $1 per square foot with a total triple net cost of approximately $15,000 per month. Their utilities are also comparatively low along with much of their other overhead. The lease is good through june 2020 and currently has two five year options however landlord is willing to negotiate for a new 20 year lease.rnrnFinally, this robust store not only offers basic groceries and produce but also:rnrn - a full kitchen with dine in or take out options;rn - a liquor license which allows for the sale of beer, wine and alcohol;rn - a full service meat department with counter service as well as self serve;rn - a bakery department;rn - imported specialty items.
The asking price does not include the inventory (approx. $200,000).
Unfortunately the patriarch of this family owned and operated business is suffering from major health issues thus necessitating the immediate sale of this business. All offers will be presented.
Please call or email with any questions however the name and address will not be given without first speaking with the assigned agent followed by the signing of an NDA.