Supermarket for sale

Santa Clarita, CA (Los Angeles County)

Supermarket for sale
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Asking Price: $1,400,000

Cash Flow: N/A

Gross Revenue: $12,000,000

EBITDA: N/A

FF&E: N/A

Inventory: $700,000*

Rent: $53,716 /Month

Established: 2011

*not included in asking price.

Supermarket for sale

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Business Description

Very motivated seller, this absentee owner supermarket is located at prime outdoor center a well known center in valencia, great parking, great lease term, this market is approx 29,152 sqft + 4,000 sq.ft. Of mezzanine = 33,152 Sq. FT., monthly rent @ approx $41,140+ NNN with 4.5 years plus 3x5 options to renew = 19 years remain on the lease, beautiful build-out, very very clean store, great equipments and fixtures nearly in new condition and fully equipped kitchen including baking equipments & fixtures bakery and restaurant in this market are being lease to food lessees and subleases are under mtm, buyer may continue to sublease to food lessees or operate the same, this will increase in revenue by operating bakery and restaurant in promises as an owner operator.

Asking price: $1,400,000 plus inventory
Inventory approx: $700,000
Business type: supermarket with grocery meat, produce
Licenses: license type 21 - offsale - full liquor
Building & parking: shopping center, ample parking
Days open & hours: 7 days /08:00am to 09:00pm
Store size: approx 29,152 sqft + 4,000 Sqft of Mezzanine = 33,152 Sq. Ft.
How long est: since 2011
No. Of employee: 40 full-times and 25 part-times
Approx Lease: 7 years with 3x5 options to renew = 22 years

Approx, represented by seller as per listing agreement
Approx total, annual net sales: $12,000,000
Annual cost: $8,300,000
Annual gross profit: $3,600,000
Total annual expenses: $3,200,000

Remarks: located at prime outdoor center in valencia
Remarks: approx 33,000 sq.ft. Of beautiful build-out with ample parking
Remarks: fully equipped kitchen including baking equipments & fixtures
Remarks: food lessees are under mtm, buyer may continue to sublease to food lessees
Remarks: increase in revenue by operating bakery and restaurant in promises as an owner operator.

All Buyers must sign NDA and pre-qualified and Buyer' due diligence and Premises Gross income verification is subject an Offer.

Please, under any circumstances, do not disturb discuss the sale of the business with any employer/seller, employee or business neighbor, for more information please contact Remy Chen

Broker/agent does not guarantee the accuracy of the income, expenses or other information concerning the business provided by the seller or obtained from public records or other sources. Buyer is advised to independently verify the accuracy of above information through.
Personal inspection and with appropriate professionals

Detailed Information

Location:
Santa Clarita, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
33,152
Lease Expiration:
N/A
Employees:
65
Facilities:
STORE SIZE: Approx 29,152 sqft + 4,000 Sqft of Mezzanine = 33,152 Sq. Ft.with 7 years with 3x5 options to renew = 22 years with current monthly Rent @ approx $53,716 including NNN
Support & Training:
2 weeks after close of esrow
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Contact the Seller

(from currently available funds)
 
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Remy Chen

Business Listed By:
Remy Chen

Ivy Realty Co.

Show Phone Number

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