$300,000 Net Profit, Short Hours, Low Rent
| Asking Price: | $699,000 |
NET PROFIT $300,000
This is a profitable grocery/convenience store in Alameda County with an excellent opportunity to make significantly more money as there is a master plan to build 900 new homes nearby.
The seller claims $95,000 average sale per month (excluding Lotto) with an average profit margin of 33%. The Lotto brings and additional $1300 per month and there is $1700/mo. from renting out the deli section. Long-term lease (5 years + 5 years option). Low rent $4700 for a 2,300sqft space. There are three part time employees with a payroll of $2800/mo. The store has Beer & Wine License. Lots of parking and short hours 8:00am-9:00pm. This is an excellent opportunity for a new owner-operator to make money and grow the business, especially if they start an online sale & delivery service & add variety of craft beers!
Owner operator can easily make $300,000 Net Profit.
Asking price for Quick Sale is $699,000 + inventory.
