Mexican Market with Growing Sales!~

Santa Rosa, CA (Sonoma County)

Mexican Market with Growing Sales!~

Asking Price:$210,000

Cash Flow:N/A

Gross Revenue:$565,390

EBITDA:N/A

FF&E:N/A

Inventory:$45,000*

Established:N/A

*not included in asking price.

Mexican Market with Growing Sales!~

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Business Description

This is a wonderful opportunity to purchase a busy Convenience Market specializing in Mexican Foods. This Market features a full service meat department, produce, an assortment of grocery items with an emphasis on Mexican Foods, and an ABC Type 20 Beer and Wine License. The Neighborhood location of this store has limited competition, giving this business a nice advantage and providing for a steady customer base. The owner is absentee and does not work in this store on a regular basis, and the business will likely improve with a hands on owner who is in the store every day. This business is growing! Sales are rapidly expanding and in 2015 were $565,000, big jump over 2014 which was $483,000!

This market is nicely equipped, and the equipment includes two walk in refrigerators, a 16 Camera Security system, 9 door beverage cooler, two Point of Sale cash register systems, and an ABC Type 20 Beer and Wine License. There is also a fully equipped meat department, including meat saws, slicers, and grinders and a 20’ refrigerated meat display case.

Corner Location offers excellent exposure. The current lease runs through March 2018, and there is also a five year option to extend the lease. The leased space is about 3035 square feet, and current rent is very reasonable at $2820/month. There is also a five year option to extend this lease.

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Additional Information: Inventory is to be purchased in addition to the Purchase Price. Current Hours are 8am-9pm. The owner is absentee. The business is operated by 3 part time and 2 full time employees.

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

Detailed Information

Inventory:
Not included in asking price
Employees:
2 full time, 3pt
Facilities:
Corner location in neighborhood gives the store nice exposure to passing traffic. The current lease runs through March 2018, and there is also a five year option to extend the lease. The leased space is about 3035 square feet, and current rent is very reasonable at $2820/month. There is also a five year option to extend the lease.
Competition:
Limited competition in the area gives this store a nice advantage.
Growth & Expansion:
There are many ways a new owner could expand this business. The current owner is absentee and does not work in this store. A more hands on owner could expand the hours of operation, and expand the products offered in order to attract more customers.
Support & Training:
Seller will provide a training period to the new owner.
Reason for Selling:
Othere business interests.

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Bob Oshetsky

Business Listed By:
Bob Oshetsky

Santa Rosa Realty

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Sponsoring Broker:
Jeff Sacher

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