$400,000 plus inventory for the california bakersfield arvin convenience food market and fast food business only. Property available for an additional $800,000. $100,000 average monthly merchandise sales with higher margins, which include profitable meat sales. Same owner for over 40 years, retiring. Fully equipped kitchen available for the buyer to operate for additional sales and profits. Check cashing has been a great revenue source. The buyer can also elaborate on check cashing. Funds are needed to bring check cashing and money services to a much higher level. Additional income from a recycling business leased to a third party in the back of the store, bringing $1500 per month (month-to-month lease). Additional income from the meat that is leased to a third party for $3500.00 per month, and the buyer can operate the meat operation if they choose to. Updated 2900 sf grocery store and plenty of room for other profit centers like a fast food using the equipment in place. Located in a dense residential neighborhood on a busy street surrounded by rooftops and apartments. Established business with a great reputation and customer loyalty. Turnkey operation. Additional income from the lottery, atm, cigarettes, and other rebates and commissions. Great opportunity for the right owner-operator or a family. Motivated seller willing to make the right deal with the right buyer. Please "do not disturb the employees" and call the saleh group for more information and showings or visit us online.
- Asking Price:
- $400,000
- Sales Revenue:
- $1,200,000
- Cash Flow:
- $300,000
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$60,000 per annum
- Premises Details:
-
2900 sq. ft. Stand-alone Building
- Size in square feet:
- 2,900
Business Operation
- Reasons for selling:
-
Retirement and other projects
Other Information
- Support & training:
-
2 weeks of training at no cost to the buyer
- Inventory / Stock value:
- $100,000
