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Business for sale in California
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| Company Details: | BIR Business Brokers |
Beer and Wine Market
Advert Id : 30424
Sellers Ref: (1002851)
Location: California
-North Orange County
Category: Food
Financial summary
Asking Price: $ 199,000
Sales revenue: $ 600,000
Net profit: $ 96,000
Furniture/Fixtures value: $ 50,000
Inventory/Stock value: $ 40,000
Sales revenue: $ 600,000
Net profit: $ 96,000
Furniture/Fixtures value: $ 50,000
Inventory/Stock value: $ 40,000
Business description
This well established one of a kind in Community store carrying Fresh Meat, Produce, Groceries, Beer and Wine, Phone Cards, Lotto, Cigarettes, and other Customer services. Some of the other services include, Money Orders, Western Union, Bill Collection, U-Haul Trucks, Water Vending and sign rental. There is a good opportunity for potential Buyer to add Check Cashing if desired to increase net profit. Seller used to sell some fast food items like Taco and Burritos but lost the kitchen access---can easily restore this if desired.This is the only Mexican Style Market in neighborhood so no real competition for most products carried.
General Information
Years established: 1938
Employees: 1 FT
Trading Hours:Seven Days, 8:30AM - 10 PM
Employees: 1 FT
Trading Hours:Seven Days, 8:30AM - 10 PM
Other Information
Competition: Business is well established with lots of repeat customers and no local competition for products sold in storeExpansion: Can expand with advertisement and could add some fast food items.
Support Traning: Seller will Train
Reason Selling: Moving from Area
Lease Terms: Business is in 4500 sq ft retail space on busy corner with good rear parking
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