Large San Francisco Grocery Store For Sale

San Francisco, CA (San Francisco County)

Large San Francisco Grocery Store For Sale
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Asking Price: $2,250,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2016

Large San Francisco Grocery Store For Sale

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Business Description

Store was built out 3 years ago with a $3,500,000 investment. Located on the Third Street commercial corridor in front of the T-Line light rail stop, the grocery store is on the ground floor of a new 137 unit condo building and steps away from a similar sized, recently built, apartment building providing the operator with a captive audience and built in customer base. This deal comes with the option to lease a 45 car parking garage inside the building as well.

Highlights include a grandfathered in type 21 off-sale spirits license, Peet's Coffee bar, soaring ceilings, and a full kitchen with a type 1 hood. The owner invested $3.5 million into the space and is thus selling the business for $2.25 million in conjunction with a new lease. Owner will do a new below market long term lease with the buyer.

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Joe Garey

Business Listed By:
Joe Garey

HC&M Commercial Properties

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