Specialty Grocery Store - Price Reduced

San Pablo, CA (Contra Costa County)

Seller Financing Available
Vibrant Fresh Asian Market

Asking Price:$85,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Rate/Sq. Ft.:$1.91

Established:N/A

Specialty Grocery Store - Price Reduced

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Business Description

Asking Price Reduced- Submit all offers.

A specialty grocery store currently featuring Asian merchandise; could also feature Hispanic or other markets; clean, crisp,customer friendly. Has demonstrated success over a long period of time.

Attached Documents


Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
1,500
Lease Expiration:
10/30/2020
Employees:
1 plus owner
Facilities:
Price Reduced- Bring Offers A specialty grocery store currently featuring Asian merchandise; easily converted to Hispanic, Latino, Mideast or other markets. The location offers versatility in serving target population groups. Located in a highly visible community shopping center, surrounded by residential and commercial uses. The store is fully equipped with tons of assets: coolers, freezers, displays, computerized system. The store is efficiently designed including a large office/storage room with access to rear service area.. Lots of parking for customer convenience The location has excellent street and road access. Leased space: Approx. 1500 SF; Rent $2866/mo. including CAM; Renew date 9/30/20 Inventory estimated at $65,000 in addition to Asking Price; inventory cost to be determined by buyer and seller prior to Closing. Seller may consider limited Seller financing at its sole discretion.
Competition:
Customers of tenants in the center patronize off one another, such as grocery and liquor, related services stores, Food vendors are destination tenants. Long established store location in a highly visible and accessible community shopping center, surrounded by residential and commercial uses. Store recently upgraded, renamed and re-merchandised. Demographics indicate large populations of Hispanic, Latino, Asian; growing Mideast population.
Growth & Expansion:
A feature of this business is the opportunity to add so much to the business: beer and wine, hot food, deli, bakery items, boxed take out items - lots of untapped potential.
Financing:
will consider at seller's sole discretion
Support & Training:
20 hours/week for 2 weeks following Closing or as negotiated between Buyer and Seller
Reason for Selling:
Demands of time for other job

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Bob Heger

Business Listed By:
Bob Heger

BizReady, Inc. bre #467678

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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