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For Sale: Supermarket - With Real Estate, Liquor License - Alturas, California

$1,500,000.00

Asking Price

  • Address: Alturas,

Description

This is an extraordinary opportunity to purchase an existing business with real estate over 9000 square feet, complete with everything needed to step in and make it your own. The property is located in Alturas, California, and the business is a famous contemporary market stocking snacks, organic products, groceries, and a selection of beer, wine, and liquor. The neighborhood features various residential and commercial areas, parks, recreational spaces, and a new middle and high school in the immediate vicinity.

The sellers are planning to relocate to a different area and will fully train the new owner. Welcome to your opportunity to purchase the supermarket with the best deli and produce section. This well-established and popular spot offers extremely high upside potential for an owner-operator by adding Mexican groceries, bill pay, check cashing, money orders, and tobacco products.

The property is located on a 0.48-acre lot, and the building is approximately 9000 square feet, along with a parking lot that has 24 parking spaces. In 2019, the roof was replaced, the ceiling repaired, and all new energy-efficient lighting installed. In 2018, the exterior was completely repainted. The owner currently employs 8 Total employees. Inside, there is a full-service meat department and produce department

The price includes the land, building, fixtures, current inventory at the date of close of escrow, and the liquor license (new owner must qualify). This market has been serving the community for many years and is a turnkey business ready for a new owner.

Annual sales have exceeded $3,000,000 for the last four years, with an overall profit margin of 38%.

All information contained in this document resulted from representations by Seller. Nationwide Homes and Lending and its agents cannot and will not verify the accuracy or completeness of any information. Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process.

This Business qualifies for an SBA Loan with $425,000 down payment.

To get more information about this Supermarket - With Real Estate, Liquor License business for sale in Alturas please phone Narinder Singh (Intermediary, Agent - BRE License #:01719546) at 916-240-4700 Cell and 916-240-4700 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #287257 on BizBen.com. In addition to phoning Narinder Singh, make sure you email Narinder Singh above to get more info about this Supermarket - With Real Estate, Liquor License, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01719546. Nationwide Homes & Lending.

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Contact

  1. Name: Narinder Singh
  2. phone iconPhone: 916-240-4700 Cell
  3. phone iconPhone: 916-240-4700 Text

Details

  1. Asking Price: $1,500,000.00

  2. Down: $425,000.00

  3. Cash Flow: $375,000.00

  4. Revenue:    $675,000.00

  1. Area: Alturas

  2. City: Alturas

  1. Attributes:

    Semi-Absentee RunTraining & SupportReal Estate IncludedSBA Loan Pre-QualifiedLicense (Liquor, etc.)

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