Indian Grocery Store

, California 7 views 0 favorites

Financial Highlights
Asking Price
$300,000
Revenue
$149,457
Business Description

Updated Listing Info............. Great opportunity to own this newly established business, close to a major freeway. This business featured a full line of Indian / Pakistani / Sri Lankan grocery products, fresh produce, herbs, spices, and much more. The store opened in Jan 2021. Completely upgraded store with new flooring, bathroom, fixtures, cooler, and shelving. Business is open 6 days a week from 11 am to 9 pm, Store size is approximate 1550 sq ft with a possibility to expand by adding sink and kitchen. There is a very good demand for Indian Food in the area. There is the possibility of opening a sit-down Indian Restaurant in the possible expansion of store by acquiring extra space next to it. Disclaimer: Buyer(s) are to perform their own due diligence, based on information available. Location: San Bernardino County, California Year Established: 2021 Number of Employees: 0 Real Estate: Leased Building Sq. Ft.: 1,550 Rent: $4,831.50 Per Month Lease Expiration: 7/31/2024 Facilities: The owner has spent more than 100K in tenant improvements. The present lease is five (5) years and has a renewal option. The store comes with refrigerators, freezers, Kulfi Ice Cream Freezers, Dipping dots Ice Cream freezers, heavy-duty metal racks, 16 ft long check-out counter, Samsung smart tv, Shopify cash register, and printer with produce weighing machine, EBT credit card terminal, Shopify Credit-card terminal and much more. The store is monitored with a Google nest camera. Market Outlook/ Competition: Very little competition within 10 miles of its location. Growth & Expansion: Very big opportunity to expand e-commerce and market the products within 15 miles of the area with minimum competition.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 1 week ago

Views: 7

Favorites: 0