Convenience Store for Sale in Merced County CA

Merced County, CA

Seller Financing Available

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Asking Price:$175,000
Established Year:2022
Rent:$3,500
BUSINESS DESCRIPTION

Business Description:

* This is a convenience store business for sale in Merced County CA.

* The store is located near the residential neighborhood of the town with ample parking area.

* Gross sales up to $60,000 per month with a good profit margin, as per owner (broker did not verify).

* Store has a new 5-door walk-in cooler and 8-door beer cave.

* Store has a new cash register and setup of the fixtures.

* Current Rent is about $3,500 per month including NNN. Buyer can get assignment of long-term lease.

* Store space is located at the corner of a busy shopping center with street facing view.

* Seller shall need above mentioned down payment for the purchase price and inventory to carry the remaining amount. A Bank loan shall not work as the business has been owned for less than 2 years.

* Inventory is not included in the sale price and is sold separately.

BUYER NEED TO SIGN NDA FIRST AND PROVIDE BANK STATEMENTS TO SHOW PROOF OF FUNDS BEFORE BUSINESS LOCATION CAN BE PROVIDED.

DISCLAIMER: Any information provided is confidential and intended for the exclusive use of the Buyer. Western Singh Brokers is a business intermediary and receives information from Buyers and Sellers. Broker or its agent(s) are NOT legal or tax professionals and they cannot advise on these matters. Buyer should contact their attorney or CPA for any legal or tax advice. Buyer understands that Broker or its agent(s) does not audit or verify any and all above-mentioned information (not limited to sales, building size, lot size, margins, profits, cash flow) given to by Seller/Landlord or gathered by Broker or its agent(s) or make any warranty or representation as to its accuracy or completeness, nor in any way guarantee future business performance. In any and all sale/lease transactions of Business Opportunities and/or real estate, Broker are and will be Seller's Exclusive Agent Only unless agreed in writing otherwise.


DETAILED INFORMATION
Location
Merced County, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,400
Employees
1
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Nirvail
Singh
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Nirvail Singh