Category:
8555 - Markets & C-Stores
Location:
Northern California - East Bay
Business Description:
This East Bay Asian supermarket has been established for over ten years. It was recently remodeled with a new refrigeration system, a walk-in cooler and freezer, a deep fryer, a live fish tank and a lot more. Products include Asian groceries, meat, seafood and fresh produce. The sales on its tax returns have consistently been over $3MM in recent years. Observation is strongly recommended to understand the income potential. Its young owners are motivated to sell in order to pursue different careers. Inventory of $300,000 is included in the purchase price. Business has been pre-approved for SBA financing. Ref#8555
Inventory (included):
$300,000
12 Months Ended
12/30/2017
$3,010,208
(Sales)
$244,911
(Adjusted Cash Flow)
12 Months Ended
12/31/2016
$3,250,257
(Sales)
$235,001
(Adjusted Cash Flow)
12 Months Ended
12/31/2015
$3,454,822
(Sales)
$385,287
(Adjusted Cash Flow)
12 Months Ended
12/31/2014
$3,266,103
(Sales)
$417,759
(Adjusted Cash Flow)
# of Employees | Full Time | Part Time |
Non-Owners | 6 | 5 |
Owners | 2 | 1 |
Hours of Operation
Daily 9:00 am - 7:30 pm
Licenses Required:
Monthly Rent Including NNN:
$7,748
Expires:
5/31/19
Option:
For 10 years
Size(sq.ft.):
7,800
Type of Organization:
S Corp
Reason for Sale:
Career & lifestyle change
Training:
2 weeks 30 hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.