High Volume Super Market with Real Estate for Sale in Alturas, CA
| Asking Price: | $1,500,000 |
| Gross Revenue: | $3,052,247 |
| EBITDA: | $300,000 |
| Established Year: | 1981 |
| Cash Flow: | $375,000 |
| Inventory: | $250,000 |
| Real Estate: | $1,000,000 |
Super Market with Real Estate and Liquor License for Sale In Alturas California
This is an extra ordinary opportunity to purchase an existing business with Real Estate which is over 9000 Square feet, complete with all that is needed to step in and make it your own. This Property is located in Alturas, California. This business is a famous contemporary market stocking snacks, Organic products, groceries, and beer, wine and Liquor selections. The neighborhood has various residential and commercial areas, parks, and recreational spaces and a new Middle & High school in the immediate vicinity. Sellers are planning to relocate to Different Area and will fully Train the New Owner Welcome to your opportunity to purchase the Super Market with Best Deli and Produce Section. This well-established and popular spot offers extremely high upside potential for an owner-operator by adding Mexican Grocery, Bill Pay, Check Cashing, Money Orders and Tobacco Products. This property is located on a 0.48 acre lot, the building is approximately 9000 square feet along with the parking lot that has 24 parking spaces. In 2019 the roof was replaced, ceiling repaired, along with al new energy efficient lighting. In 2018 the outside was completely repainted. Currently the owner employs 13 employees, 8 full-time and 4 part-time. Located inside there is a full-service meat department, produce department, del. Price includes the land, building, fixtures, current inventory at date of close of escrow and the liquor license(new owner has to qualify). This market has been serving this community for many years. Turnkey business which is ready for a new owner.
Annual Sale is over 3,000,000 for last 4 years with Overall Profit Margin of 38%
All information contained in this document resulted from representations by Seller. Nationwide Homes and Lending and its agents cannot and will not verify the accuracy or completeness of any information. Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process.
This Business qualifies for an SBA Loan with $425,000 down payment.
