Convenience & Grocery Store with Beer/Wine License

Visalia, CA (Tulare County)

Convenience & Grocery Store with Beer/Wine License
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Asking Price: $99,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $0

Inventory: $30,000*

Rent: $1,500 per Month

Established: N/A

*not included in asking price.

Convenience & Grocery Store with Beer/Wine License

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Business Description

Description:
This C-Store is located on the corner of two streets in the residential area of Visalia. It is surrounded completely by residential housing, which will provide a constant flow of foot traffic. This market has proudly served the community since 1988. Ideally located in close vicinity to Oval Park & minutes away from Hwy 198. Store lacks consistent business hours, adequate and diverse merchandise. Great upside potential for new buyer. Inventory approximately $30,000 is not included in the asking price.

Equipment Include: 8-door Walk-in cooler, 5-door Reach-In Cooler, Cash Register, Display shelving, Ice maker, Security System with DVR and Much More. A full list of equipment is available with the Listing Broker.

General Information:
Organization: Sole Proprietor | Square Footage: ~1800 Sq. Ft. | Licenses Required: City Bus Lic, Health Permit, SBOE, Tobacco, ABC Type-20 Beer/Wine Lic. (Included & Transferable) | Days Open/Hours: 8:00 am to 9 pm | Reason for Sale: Other Business Interests

Lease:
Rent: $1500/Month
Lease: New 5yr term plus 5yr option (subject to landlord approval)

Revenue:
Gross Sales: ~$22,000/Month. Lotto Commission $6500/Year,

Financing: All Cash

Broker Disclaimer:
Mission Peak Brokers, Inc. All information contained in this document resulted from representations by Seller. Mission Peak Brokers, Inc. and its agents can not and will not verify the accuracy or completeness of any information. Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process.

Detailed Information

Location:
Visalia, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
N/A
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HARRY SIDHU

Business Listed By:
HARRY SIDHU

MISSION PEAK BROKERS INC.

Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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Ad#:1641944

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