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#Business ID: 14618

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Busy Market Carries Type 21 Liquor License

Business Location: San Diego, California, United States

Asking Price: $ 950,000 Revenue: $ 2,300,000 Cash Flow: not disclosed

Business Summary

Great location in trendy neighborhood. Near popular restaurants and caf s. Current owner is the second owner and has had the market for 7 years. Market is very popular with local residents, and caters to all demographics. Owner has started to carry more craft beer and good wine. Long lease and very low rent. Small center was built in 1940, has great character and neighborhood appeal.

Building size is 6500 sq. ft. Rent: $5,750 flat. NNN billed twice a year, totals approximately $12,000. Lease: 13 years, Option: (2) 10 years. Market has 26 door reach in refrigeration, 6 door reach in freezer, and 4 walk in s (1 is freezer). Meat counter and produce rack.

Property Details

Size:

6500 sq. ft.

Years Established:

1940

Property Type:

Lease

Inventory Value:

$ 200,000

Other Business Details

Competition:

This market is in a great location, between two popular neighborhoods. Neither neighborhood has a large chain market.

Expansion Potential:

Market currently caters to the demographic of both neighborhoods it services. Room for growth in converting to a more upscale and trendy concept. Market supports WIC and EBT but is not obligated to keep them. Deli counter could be added to capture business from nearby restaurants.

Business Operation Details

Employees:

12

Support & Training:

2 weeks

Miscellaneous Details

Reason For Selling:

Semi retirement

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