Grocery and Meat Market

Available

$395,000

GasStation-RealProperty-Sacramento-Business-Brokers-4160_edited.jpg

Listing No:

4115

Status:

Available

Area:

Sacramento

Price:

$395,000

Well-Established Market since 2006 in the same location on a 3,600 sqft. space, surrounded by several anchor stores and eateries.


Base Rent is $3,500 a month. The lease expires in 2027 with 1 x 5 years options.


There are 2 x Full Time and 2 x Part Time Employees with a $6,000 payroll a month.


The seller claims his Gross Annual Sales are about $1,200,000, and his yearly Net Income is about $240,000.


Hours of operations; (9.30 am-8.00 pm / 7 days a week). The store has a bakery section that bakes Middle Eastern bread such as naan and barbary daily. Also, it has a Deli section for cold sandwiches and hot Kabobs with freshly baked naan.

Business Details

Ownership Type:

Sole Proprietorship

License(s) Required:

Business, Health

Home Based:

No

Year Established:

2006

Hours of Operation:

9.30 am- 8.00 pm

Broker to Broker CoOp:

No

Year Purchased:

2006

Business Relocatable:

No

Date Available:

03/28/2022

Business Type:

Grocery

Franchise:

No

Reason for Selling:

Retiring

Business Financial Information

Annual Total:

1,200,000

Revenue:

Annual Net Income:

240,000

Inventory:

Monthly Payroll:

6,000

Base Rent:

3,500

Lease Expires:

2027

Lease Option:

1 x 5 years

NNN:

Down Payment:

Owner Will Carry:

Other Finance:

Terms: