Hot Listing
Established Beer & Wine Market & Property & 4 Res. units for Sale
Business Description
Established neighborhood Beer and Wine market, meat & produce cases including the property, The parcel is zoned Mixed use, and has the market, a retail store and 4 residential units all 100% rented. Located on a bustling intersection with high traffic, catering to thousands of immediate residential houses surrounding the market. The business has multiple streams of income including the sale of grocery items including canned & packaged food, soft drinks, beer & wine, candy, HABA items, Lotto, propane, Ice, & much more. ATM, Bitcoin, Food Stamps, and EBT.
The building consists of a 2400 SF Market size including a rented restaurant, rented apartments are 3/2, (2) 2/1 units and a 2/1 on the ground level, all units are on a month-to-month leases.
The building consists of a 2400 SF Market size including a rented restaurant, rented apartments are 3/2, (2) 2/1 units and a 2/1 on the ground level, all units are on a month-to-month leases.
About the Business
- Years in Operation
- 38
- Facilities & Assets
- - 2400 SF Beer & Wine Market, with a restaurant & a Sushi truck outside.
- 100% leased 3/2, (3) 2/1 Residential units, and a retail shop, all month to month.
- On a very busy intersection of a vibrant city
- Surrounded by condensed residential homes and commercial shops and offices.
- Property must be purchased with the business. - Market Outlook / Competition
- - Located on a bustling intersection, surrounded by residential and commercial shops, offices, and homes, competitors are approximately .5 a mile away.
- The market has a Mexican restaurant valued at $150K where the owner shares profit with the operator 50/50. Multiple income streams, from groceries, meat, produce, Beer & Wine, soft drinks, HABA, Propane, water dispensary, bitcoin dispensary, and many more. - Opportunities for Growth
- - Zoned Commercial mixed-use, Located on a busy intersection on an 11,383SF Lot, the Property use can be converted to other types of businesses or uses, such as a restaurant, a shopping center, a warehouse, a car parts store, and many more uses.
- Buyer to verify all before closing of escrow, source of info is from the sellers.
- Sellers are willing to grant the Buyer 5 yrs lease with 5 yrs option $4200/Mon plus NNN.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 5,683
About the Sale
- Seller Motivation
- Owners are retiring.
- Transition Support
- - Buyer can purchase both the business and property for $2.55M.
- Seller may finance with the right offer and right buyer.
- Solid income from 5 other rental units.
- Seller may stay to train buyer for up to 60 days. - Financing Options
- Assumable commercial loan of approx $360K.
Listing Info
- ID
- 2283499
- Listing Views
- 5445
Attached DocumentsAttachment Disclaimer
Listing ID: 2283499 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleCalifornia Businesses for SaleCalifornia Food & Beverage Businesses for SaleCalifornia Grocery & Supermarkets Businesses for Sale
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