Indian Grocery Store, Big space, Low Rent

San Bruno, CA (San Mateo County)

Indian Grocery Store, Big space, Low  Rent
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Asking Price: $98,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: $40,000

Rent: $3,300 /Month

Established: 2010

Indian Grocery Store, Big space, Low Rent

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Business Description

This Indian grocery store has been successfully run by the current owner for the last 8 years. The owner is now looking to sell the business due to family health conditions. This is an asset sale. The owner does not have any financial data available. However, this is a great opportunity for anyone looking to open a new Indian market. The owner will train the new owner for 2 weeks for 20 hrs per week. The owner will also introduce the new owner to all the suppliers to make smooth transition.

The new owner can also offer Halal meat station, Take out food so there is so much potential for the business. The store also comes with a tobacco license that can be included with the business for sale. The space is about 3500 sq. ft. with a very low rent of $3880 per month.

Current Inventory is about $40K (included with the sale price)

Detailed Information

Location:
San Bruno, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,500
Lease Expiration:
3/31/2021
Employees:
1
Reason for Selling:
Owner retiring and family Health reasons
Business Website:
http://linkbusiness.com/businesses-for-sale/SV00010/Indian-Grocery-Store%2c-Air
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(from currently available funds)
 
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Raj Sathyaseelan

Business Listed By:
Raj Sathyaseelan

Link Silicon Valley

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