Well established Central Coast Supermarket with long term history of profitability. This is a 100% location on main traffic artery, in California’s Central Valley. This market has been operating since 1948 under the same ownership now the second generation is nearing retirement age and that is the reason for selling.

According to IBIS World, revenues are expected to grow at 1.5% over the next 5 years. Within a 5 mile radius the population is 55,463 and number of households is 11,420, household growth rate is 5.32% annually. This is an excellent opportunity for an experienced operator to take this business to the next level.

This Business is SBA qualified they will finance the business as well with inventory the total purchase price will be $2,350,000 25% down =$587,500 down, Interest rate should be around 5% amortized over 10 years $18,694 monthly payment. Complete information will be provided to qualified buyers that have executed a confidentiality agreement.

Posted Oct 14, 2015

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