Profitable Grocery Market w/ Beer and Wine

Placentia, CA (Orange County)

Seller Financing Available
Grocery Market
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Asking Price: $350,000

Cash Flow: N/A

Gross Revenue: $750,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $4,020 /Month

Established: N/A

Profitable Grocery Market w/ Beer and Wine

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Business Description

--CONFIDENTIAL BUSINESS FOR SALE --

Profitable Neighborhood Market with Beer and Wine.
Neighborhood approved for a major revitalization effort

Business Description
Profitable Neighborhood Grocery store with Beer and Wine, produce, check cashing, and Lotto. Major revitalization effort approved by the city which will drastically increase traffic. Seller is retiring.

This business is already profitable, but the opportunities for the right new owner are undeniable. Must see in person to appreciate.

Here are some of the opportunities now and for the future:

Now:
Reorganize layout to maximize selling potential
Raise prices - long overdue
Offer new items - New Apts are bringing in a younger demographic
Replace Meat Dept with Fresh food

Future:
New metrolink station approved
Market is between planned parking structure and metrolink station
1000’s of new apartment units are being built
Major street improvement and revitalization approved - plans available

All qualified parties are encouraged to complete a Non-Disclosure agreement to receive more information.

Detailed Information
Inventory: TBD
Real Estate: Leased
Building SF: ~3,000
Lease Expiration: Jan 2022 + 10yr option
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Good parking in conveniently located corner
Competition: Nearby, but the location of this business is best suited for benefiting from the revitalization efforts coming.
Growth & Expansion: Tons. Metrolink, Apartments, new product offerings, improve layout.
Financing: Seller Financing available - Up to 20%
Support & Training: Yes. 4 weeks or as needed/negotiated.
Reason for Selling: Retiring

Detailed Information

Location:
Placentia, CA
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
1/1/2020
Employees:
1
Financing:
up to 20%
Reason for Selling:
retiring
Business Website:
http://buyerNDA.com
Contact Seller

Contact the Seller

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James Shin MBA

Business Listed By:
James Shin

Spectrum Business Advisors

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The California Association of Business Brokers (CABB).

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