Price: $220,000
Location: San Bernardino County, CA
Industry: Convenience Stores
Listing ID: 01985414JR
Listing Status: Reduced Price
Listing ID - 01985414JR
For sale is a well-established convenience market that has been a community staple for over 45 years. The current owner, who has successfully operated the market for the past six years, is now looking forward to retirement and is seeking a buyer.
This thriving market is nestled in a densely populated neighborhood, providing a range of products and services to its local residents. It occupies a 2,500 square-foot space at the east end of a commercial building, featuring ample parking for numerous cars. The location is complemented by an attractive rental agreement of $5,600 per month, with a new 5-year lease and an additional 5-year option available.
The market boasts a 15-door, walk-in cooler and is well-stocked with a variety of essentials including groceries, juices, sodas, breakfast items (such as eggs, packaged meats, and milk), and a selection of beers. Additional income streams include a Lotto terminal and an ATM machine, and the business is EBT-friendly.
Don't miss this opportunity to own a thriving neighborhood market with a strong community presence. Contact me today to schedule a viewing and see the potential of this business for yourself.
Down Payment: $220,000
Total Sales: $660,000
Cash Flow: $144,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $100,000
FFE Included: Yes
Inventory: $55,000
Inventory Included: No
Year Established: 1988
Days & Hours of Operation: 7 Days (Mon - Sat: 8am to 10pm) / (Sun: 8am to 9pm)
Owner Hours Per Week: 40
Non-Owner Payroll: N/A
Employees: 2
Absentee Owner: No
Lease Option: 1 - 5 Year Option
Real Estate: N/A
Monthly Rent: $5,600
Type of Location: Retail Commercial
Square Footage: 2500
Reason For Sale: Retiring