High Volume & Profitable Grocery Business for Sale

Kern County, CA
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Asking Price:$2,800,000
Inventory:$700,000
Gross Revenue:$8,000,000
Rent:$21,000/Month
BUSINESS DESCRIPTION

Profitable & High Volume Grocery Super Market Business opportunity for sale.

Business is reporting approximately $8.0 Million in Gross sales annually & good cash flow. Business is making consistent sales with high markup merchandise, generating an overall high Gross profit margin.
Clean market with a good reputation built over the years. The business sells meat, produce, and general merchandise.
The store has the potential to add hard liquor, which may help increase sales revenue. Business has Lotto/Lottery, Money Grams, ATM Machine, Coin Machine & some Check Cashing. Store building total 21,000 Sq Ft plus, Free-standing building with ample parking spaces, Lease Remaining 18 Yrs; rent is approx $21,000/Month plus CAM charges
ABC Type 20 Off-Sale license, Business Hrs 8 am to 8 pm, Total employees 25-27 Full times to Part times.


DETAILED INFORMATION
Location
Kern County, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
21,000
Facilities
Business Goodwill, ABC license & Store furnishing & Equipment
Competition
It's well established business doing consistent business
Growth & Expansion
The city is growing fast
Financing
SBA Loan Qualified
Support & Training
The seller can provide some training for few days
Reason for Selling
Seller's personal reasons
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Taj
Randhawa
Re/Max Gold.
Taj Randhawa