Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Listed by:

BTI Group

Broker license number: 01160661

Mediterranean Market, Deli, Bakery And Halal Food Market For Sale

California - North, US
Asking Price:
$1,275,000
Sales Revenue:
$2,228,221
Cash Flow:
$3,315,529

A rare opportunity to acquire A HIGH-VOLUME, successful gourmet market located on a busy street in San Mateo County. It was established in 1992, and the current owner has owned it since 2006. In 2011 it was relocated to a newly built-out facility nearby. The build-out included new floors, plumbing, electrical, a walk-in cooler & freezer, and a fully equipped kitchen with three Type 1 hoods and baking ovens. This market is very well-kept, clean, and organized, which keeps strong customer retention. It is fully air-conditioned. It has 5 income-generating departments: Grocery, Deli, Bakery, Hot Mediterranean Food, and Halal Meat Butcher Shop. Must see to appreciate full potential.

Down Payment $1,275,000

Property Information

Real Estate:

Lease

Lease Terms:

The current lease will expire on 7/30/2030

Premises Details:

Rent $8,400

Size in square feet:
3,932

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday through Sunday from 9 am to 8 pm

Employees:
6 Full-Time
Years established:
1992

Other Information

Support & training:

2 weeks, 40 hours per week

Listed by

BTI Group

Broker license number: 01160661