Grocery Store

California, United States

Asking Price$99k

Revenue$288k

EBITDA-

Cash Flow-

Description

One of the easiest businesses to run with so much potential to be much bigger than it is. My seller lives two hours away and thought this was it. However the commute has gotten the best of him. This will be ideal for someone that lives in Stanislaus County. KEY DETAILS *Size-2000 Sq ft Lease Terms- A low $2400 a month which includes NNN and has one year left on current lease with a five year lease option after. Hours Of Operation-8am-8pm Employees-2 full-time employees EBT onsite LOTTO onsite Included in sale is Type-20 beer and wine license SALES&FINANCIALS Annual gross sales-$300,000 Annual net income-$102,000 GROWTH POTENTIAL Store is very open with a commercial kitchen in the back. Can bring in hot food to up the sales or sub lease it to a food vendor. There's so much space that international grocery could be brought in to expand sales. The business is located on a busy road and anchored by other businesses and has a large parking lot. A sub leased food truck in this location would be ideal. OTHER THINGS TO CONSIDER Seller spent $50,000 and built a walk-in cooler. On one side you have a busy intersection and on the other side you have an affluent neighborhood. This store has a lot of potential and it just needs a potential buyer with an entrepreneurial mind to come in and expand operations.

Asking Price$99k

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