Busy Convenience Market in Low Overhead Ukiah!

Ukiah, CA (Mendocino County)

Busy Convenience Market in Low Overhead Ukiah!

Asking Price:$295,000

Cash Flow:N/A

Gross Revenue:$729,000

EBITDA:N/A

FF&E:N/A

Inventory:$50,000*

Rate/Sq. Ft.:N/A

Established:2014

*not included in asking price.

Busy Convenience Market in Low Overhead Ukiah!

Get Financing Save Print Share Valuation Report

Business Description

This Business is a Great Opportunity to Own a Busy Convenience Market and Deli in Beautiful Ukiah, CA. Located near a freeway exit and right on the way to popular Lake Mendocino and outdoor recreation and camping, this market has a steady customer base. The current owner is mostly absentee, and there is excellent potential for continued growth with a hands on owner. This business has also done custom animal butchering in the past, and has a full meat department which the current owner is not using, but could be a good opportunity for a new owner to expand the business by hiring a butcher since there is a lot of hunting and livestock in the area.

This store is large, and has a big backroom area with plenty of space for storage. Ukiah is a beautiful area and has much more affordable housing than many Bay Area Locations. Sales this year are averaging over $60,000/month, and would likely increase with a hands on owner.

The Corner location gives this market nice exposure to passing traffic. Located just off a freeway exit, this is a well travelled road without too much competition. This is a good sized market, about 6000 square feet, and rent is very reasonable at $3050/month! The lease runs through December 31, 2024, and there are two five year options to extend the lease.

This Business is Nicely Equipped, with All Equipment Appearing to be in Good Condition. Major equipment includes a 21 Door Beverage Walk-in refrigerator, 7 Door Walk-in Freezer, Point of Sale System, Security Camera system, Deli with exhaust hood and stove, large ice maker, meat slicer, meat saw and grinder, etc. This business also includes an ABC Type 20 Beer and Wine License.

Inventory of approximately $50,000 is in addition to the purchase price.

Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification and that of their financial &/or legal advisors with regard to this information.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
6,000
Lease Expiration:
12/31/2024
Employees:
5
Facilities:
The Corner location gives this market nice exposure to passing traffic. Located just off a freeway exit, this is a well travelled road without too much competition. This is a good sized market, about 6000 square feet, and rent is very reasonable at $3050/month! The lease runs through December 31, 2024, and there are two five year options to extend the lease.
Competition:
Limited competition in the area gives this store a nice advantage. On the way to popular recreation activities.
Growth & Expansion:
The owner is mostly absentee, so a hands on owner could improve many things with this business plus save on payroll expense. Contact broker for details.
Financing:
call broker
Support & Training:
Seller will provide a training period to the new owner.
Reason for Selling:
Relocation.

Listing Statistics for Premium Members

Ad#:1298909 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Bob Oshetsky

Business Listed By:
Bob Oshetsky

Santa Rosa Realty

Show Phone Number

View My Listings


Sponsoring Broker:
Jeff Sacher

Find out more...

Get more details about this business.


Similar Listings


InstaHealthy

Franchise Opportunity In CA
Capital Required: $50,000