Market with $3,000,000 Annual Gross Income and Low Rent

Contra Costa County, CA
listing image
Asking Price:$2,200,000
Gross Revenue:$3,000,000
BUSINESS DESCRIPTION

Great opportunity to own an established, thriving grocery store with restaurant, in a prime, high traffic location with no competition. Located in Contra Costa County with tremendous potential for growth. This market offers a wide selection of fresh meats, fresh produce, prepared meals from the kitchen, and a variety of convenience items, ensuring a one-stop shop for your everyday needs.

Seller claims annual gross: $3,000,000
Margin: 40%
Floor Space: 4,700 s.f.
Rent: $8,700 including NNN
Lease: 10 + 10 yrs option
Hours: 8.30AM - 10PM
Employees: 5
Payroll: $24,000/m
Utilities: PG&E, water, Gas: $4000/m
Asking: $2,200,000
Listing #4466


DETAILED INFORMATION
Location
Contra Costa County, CA
Inventory
Not Included in asking price
Competition
No competition.
Support & Training
Owner will train the buyer for 2 weeks, 20 hours per week.
Reason for Selling
Other Interest
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Nima Sadati
Liberty Business Advisors
Nima Sadati