Grocery Store -Targeted to Hispanic Population

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Location: Sacramento County

Primary Category: Retail - Supermarkets
Date Listed: 1/8/9
Date Last Updated: 7/7/9

Financial Information
Asking: $600,000
Gross: $1,200,000
Cash Flow: $120,000
Furniture, Fixtures & Equipment: $200,000
Inventory: $120,000 (not included in price)
Financing: no seller financing

Summary Description
This grocery store has seen a 30% growth in the past year. This well stocked store also has a fresh meat counter and a bakery case that is refilled daily. The store mainly carries the staples you would expect in a convenience store along with specialty items targeted for the hispanic community. A small restaurant is also located within the store. The little restaurant seats about 20 people. Type 41 Liquor license is included in the sale. This enable you to sell beer and wine. Video games within the restaurant area.

General Information
Facilities: This specialty grocery store focuses on the hispanic population. It is in a very busy strip center.
Competition: Two other competitors are each 1 mile away. One competitor is getting a higher markup, so when customers find out they are migrating to this one.
Growth and Expansion: This store would greatly benefit from more advertising to the local community.
Support/Training: The seller will provide 1 month training
Reason Selling: Wants to spend more time with him family
Year Established: 2003
Employees: 6

Contact Information
Contact: Wes Brown
Phone: 916-474-0390
Email: info@crbgroup.net

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