$1,895,000.00
Asking Price
Address: Chino, 91710.
Status: Active
Posting ID: 273267
1/3/24
Description
This highly popular Latin American & Mexican Grocery store is located in a busy neighborhood retail center. Established in 1992, Family owned for the last 30 years. This grocery store is known for a wide variety of Latin American groceries, South & Central American beverages, and premium meat cuts with a fan following throughout the region. Full kitchen with the butcher. Highly popular store with very high foot traffic. Easy ingress and egress from two side streets with a wide-open parking lot. Tons of upside potential by adding craft beers, check cashing service, and extending business hours. Inventory approximately $200,000 is in addition to the asking price.
Equipment: 10 Door Walk-in cooler, 5 Door Freezer, 3 Door Freezer, Walk-in box for produce, Walk-in box for meat, Walk-in box for meat, Meat case 28ft, Meat cutter, Meat grinder, Deli Case 12ft, Produce Case 24ft, Type-1 hood, Oven, Cooking range, Sandwich prep, Security system with DVR, and much more. A full list of equipment is available with the Listing Broker.
General Information:
Organization: Corporation | Square Footage: ~4,000 sq. ft. | Licenses Required: City Bus Lic, Health Permit, Sellers Permit, Tobacco Lic., ABC Type-20 Beer & Wine Lic. (Included & Transferable) | Hours: Mon Fri 9 am to 7 pm, Sat-Sun 8 am to 7 pm | Reason for Sale: Other Business Interests.
Lease Information:
Rent: $4,011/month gross.
Lease: Long-term lease possible contingent on approval by the landlord.
Revenue:
~$246,000/Month
Financing:
SBA financing with 25-30% down payment subject to Buyer eligibility.
All information contained in this document resulted from representations by Seller. The brokers 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.
To get more information about this Mexican Grocery Market - High Volume, Busy Area business for sale in Chino please phone Harry Sidhu, CBB, CBI (Intermediary, ProBuySell Member, Broker - BRE License #:01433114) at 510-490-9705 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #273267 on BizBen.com. In addition to phoning Harry Sidhu, CBB, CBI, make sure you email Harry Sidhu, CBB, CBI above to get more info about this Mexican Grocery Market - High Volume, Busy Area, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01433114. Mission Peak Brokers, Inc..
Contact
Details
Asking Price: $1,895,000.00
Down: Call/Email
Cash Flow: $530,000.00
Revenue: $2,958,124.00
Area: Chino
City: Chino
Attributes:
My Notes About This Listing
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Revenue
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