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Business for sale in USA - Full service grocer | must sell

Asking Price: 475,000 $ US Real Estate: Lease
Sales Revenue: 0 $ US
Net Profit: 0 $ US
Year Established: 1998
Employees: 15FT, 10PT
# of family members employed: 1FT
Location criteria:
USA/California/Campbell

Business types:

Retail

Business categories:

Supermarkets & Grocery Stores

Business description

outstanding opportunity for an experienced grocer. This underperforming store is 24,468 sq. Ft. In an underserved ethnic community. This is a full-service super market complete with bakery, produce, fresh meat, and deli. Existing owner is undercapitalized to get the store to its full potential. He has grown sales from $110k /mo. 8 months ago to $260k /mo. Today, but does not have the capital necessary to build the sales to profitable levels. A good experienced operator can do wonders with this store by developing the fast food/deli department, the bakery, and offer additional services to increase revenues and profits. Highly motivated seller, all reasonable offers will be considered.

Additional information

Additional information: Not Disclosed
Support & training: Not Disclosed
Reasons for selling: Undercapitalized
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Expires 2019
Location: Not Disclosed

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