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For Sale: Supermarket - Long Established, Owner Retiring - National City

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Current Status: Active     Posting #: 254113     Last Refreshed: 6/12/19     BRE License #: 01429238 - 01889763    
Contact: Mike Yalda At 619-244-9089 Cell  -  Also Email This Contact Below
Price:  $549,000     Down:  $549,000     Adjusted Net:  Call     Revenue:  $4,200,000    
Business Address:  None Given     City:  National City     Zip:  None Given    
Attributes:  Absentee Run, Semi-Absentee Run, Training & Support     Cooperation With Brokers?  Yes
National City Supermarket - Long Established, Owner Retiring Business For Sale Supermarket - Long Established, Owner Retiring Company For Sale National City Supermarket - Long Established, Owner Retiring Companies For Sale

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  Description About This Posting: Supermarket - Long Established, Owner Retiring
Well established Independent Supermarket, catering to the surrounding neighborhood for over 40 years, specializing in Hispanic & Latino hot freshly served food, Patrons love this market for the fresh Meat cuts, Fresh Produce and the warm service. The supermarket also offers Grocery, Liquor, Beer, Wine, HABA, Check Cashing, Lotto and many more. Price includes License type Off Premises Alcoholic Beverages sales. Owner is retiring and wants this sold. Retirement & Health issues are forcing the sale for this proud owner.

- Gross Yearly Income: $4,289,135.00

- Rent Amount: $6,000/month. Triple Net Expenses: $9,000/month

- Square Feet: 17,000 sq. ft. Lease: 3 months. Options: 1(5) years

- Employees: Full-Time: 8, Part-Time: 9

- Hours Of Operation: 7am - 8pm, Monday - Sunday

To increase profits, Expand on liquor variety & expand on advertising to reach more areas. Current ABC license is restricted to 750ML & Up, No high proof beers. Perfect for a family run business.

Buyer/Agent must sign an NDA with Listing broker before other financials are disclosed.

Buyer to verify all before close of Escrow.

Keywords: Liquor store, low overhead, market, specialty, management, Produce, Meat, Beer, Wine, Family, Owner absentee. Food, Sales,

To get more information about this Supermarket - Long Established, Owner Retiring business for sale in National City please phone Mike Yalda (Agent - BRE License #:01429238 - 01889763) at 619-244-9089 Cell - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #254113 on BizBen.com. In addition to phoning Mike Yalda, make sure you email Mike Yalda above to get more info about this Supermarket - Long Established, Owner Retiring, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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