Highly Profitable Grocery Store in Pittsburg, CA
Asking Price: | $200,000 |
Inventory: | $125,000 |
Established Year: | 2023 |
Gross Revenue: | $400,000 |
Rent: | $3,300 |
This is an exceptional opportunity to own an established grocery store in a high-demand area of Pittsburg, CA. With a loyal customer base, diverse product offerings, and multiple growth opportunities, this business is ready for a new owner to take it to the next level.
Business Overview:
Established in 2023, this grocery store has quickly earned a reputation as a go-to for local residents. The store provides a wide selection of international products, catering to the diverse tastes of the surrounding community. The 3,000 sq ft space offers a clean and inviting shopping environment, with plenty of storage and room for additional offerings, including a kitchen with the potential for a hot foods-to-go service. The convenient location, combined with exceptional customer service, has helped cultivate a loyal customer base.
Key Financial Highlights:
- Annual Gross Revenue: $400,000
- Rent: $3,300/month (Lease secured through August 2029)
- Inventory: $125,000 (included in the asking price)
- Building Size: 3,000 sq ft
Operational Details:
The store operates in a high-traffic location with convenient parking, providing easy access for customers. It is fully stocked with a diverse array of international groceries, serving the unique preferences of the local community. With an existing kitchen setup, the store has the potential to offer hot food-to-go options, further expanding revenue streams. The current owner will provide 2-3 weeks of training to ensure a smooth and seamless transition.
Reason for Sale:
The owner is relocating, creating a fantastic opportunity for a buyer to take over an established business and build on its strong foundation.
Growth Opportunities:
- Hot Food Service: Utilize the kitchen to introduce hot meals, deli meats, or snacks, increasing foot traffic and revenue.
- Additional Services: Add check cashing, ATM, lotto, and bill payment services to diversify the income streams.
- Expanded Inventory: Offer additional product lines such as kitchen appliances, clothing, or jewelry to appeal to a broader customer base.
- Marketing & Advertising: Implement local marketing campaigns and online delivery options to attract new customers and grow sales.
Ideal Buyer Profile:
This opportunity is perfect for an entrepreneur or small business owner looking to expand into the grocery industry or grow an already successful operation. The business is fully set up for immediate takeover and offers multiple avenues for expansion.
For more information on this exciting grocery store opportunity, including financial details and operational insights, please submit a business inquiry today.
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