High Profit Independent Grocery Store
undisclosed in, California
Asking Price: |
Gross: |
Cash Flow: |
$4,250,000 |
$19,230,455 |
$1,123,820 |
Furniture and Fixtures Value:
$0 ( not included in the asking price)
Inventory Value:
$900,000 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
This full-service independent grocery store is located in the foothills of the Northern California Gold Country. Well established in the community, this store features full meat, bakery, deli, and floral department. With an average of over $1 Million in EBITDA, this opportunity is perfect as an add-on to a regional chain or investment group. A well trained General Store Manager and staff will remain with the operation.Regardless of SBA loan qualifications, the landlord will require: 1) Direct experience in operating full service grocery stores of 30,000 sf. or greater. 2) Net liquidity of more than $1 Million AFTER the transaction. 3) NDA with full Financial Statement to get CBR. ST10780
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Year
Business was Established: 2009 |
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Number of Employees:
42 FT/2 PT |
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Facilities / Terms of Lease:
The current lease will expire on 9/30/2024, Rent $33,391, Square Feet 33,391, NNN $2,347, Hours 7 am to 9 pm, Licenses Health, Liquor, Business |
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Owner
willing to train:
4 weeks, 30 hours per week |
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Reason for selling:
Retirement |
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REQUEST MORE INFO |
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