Produce Market Grocery Store

San Francisco, CA (San Francisco County)

Produce Market Grocery Store
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Asking Price: $330,000

Cash Flow: $130,000

Gross Revenue: $900,000

EBITDA: N/A

FF&E: N/A

Inventory: $75,000

Rent: $8,300 /Month

Established: 1981

Produce Market Grocery Store

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Business Description

Title: Produce Market Grocery Store: Absentee run, great potential
Asking Price: $330,000 Annual Revenues: $900,000 Adjusted Cash Flow: $130,000
Inventory: $75K (Included in the purchase price)
Furniture, Fixtures and Equipment: included in asking price

Business is very attractively priced for a quick sale. Excluding Inventory, the business price is less than 2 times the Seller’s Discretionary Earnings (the amount a full-time working owner would make if purchased with all cash).

This great, consistently good money-making business has been at this location for about 38 years and under current ownership for about 24 years. There is a manager running the store as the owner has other activities. When the owner was running it full time the business was doing over $2 Million in annual revenue and correspondingly much higher cash flow.

It is in a great location in San Francisco on a busy street corner with excellent visibility and a lot of traffic in the area. The business sells the full line of groceries, fresh produce, fruits, and other items. It has a great reputation for the quality and freshness of its produce and is highly rated on Yelp.

They are open every day from 8:30AM to 7:30PM.

Leased Space: Approximately 3,000 SF space on a street corner. The monthly rent is $8,300 (no NNN charges).

Business has 4 employees including one manager.

Great opportunity to make consistent excellent income at this business! All furniture, fixtures, and equipment, including cold storage coolers are included in the sale price.

If you are interested, please complete the Confidentiality Agreement and Buyer Profile from http://www.AcaciaGroupInc.com/nda.pdf and fax the completed forms to us at (408) 852-4358. Seller will then screen all prospects and those that are suitable will receive a detailed confidential business profile.

Detailed Information

Location:
San Francisco, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
N/A
Employees:
4
Facilities:
Great location at a very business intersection, with short term street parking for customers
Growth & Expansion:
Great opportunity for growth with a full time working owner who know produce
Support & Training:
negotiable
Reason for Selling:
Other Opportunities
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Contact the Seller

(from currently available funds)
 
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Nanda Nandkishore, M&AMI, CBI

Business Listed By:
Nanda Nandkishore, CBI

Acacia Group, Inc.

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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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