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Established Beer & Wine Market & Property & 4 Res. units for Sale

San Diego County, CA

Seller Financing Available

listing image
Asking Price:$2,750,000
Inventory:$60,000
FF&E:$35,000
Established Year:1987
Gross Revenue:$630,000
EBITDA:$189,000
Real Estate:$2,270,000
Listing ID: 2283499Listing provided by BizBuySell
BUSINESS DESCRIPTION

Established neighborhood Beer and Wine market, meat & produce cases including the property, The parcel is zoned Mixed use, and has the market, a retail store and 4 residential units all 100% month 2 month rented. Located on a bustling intersection with high traffic, catering to thousands of immediate residential houses surrounding the market. The business has multiple streams of income including the sale of grocery items including canned & packaged food, soft drinks, beer & wine, candy, HABA items, Lotto, propane, Ice, & much more. ATM, Bitcoin, Food Stamps, and EBT.
The building consists of a 2400 SF Market size including a rented restaurant, rented apartments are 3/2, (2) 2/1 units and a 2/1 on the ground level, all units are on a month to month leases.

ATTACHED DOCUMENTS
NDA Keller Williams Blank .pdf.pdf Download
DETAILED INFORMATION
Location
San Diego County, CA
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
5,683
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
- 2400 SF Beer & Wine Market, with a restaurant & a Sushi truck outside. - 100% leased 3/2, (3) 2/1 Residential units, and a retail shop, all month to month. - On a very busy intersection of a vibrant city - Surrounded by condensed residential homes and commercial and shops and offices. - Property must be purchased with the business.
Competition
- Located on a very busy intersection, surrounded by residential and commercial shops, offices and homes, competitors are approximately .5 mile away.
Growth & Expansion
- Zoned Commercial mixed use, Located on a busy intersection on a 11,383SF Lot, the Property use can be converted to other types of businesses or uses, such as a restaurant, a shopping center, a warehouse, a car parts store, and many more uses. - Buyer to verify all before close of escrow, source of info is from the sellers.
Financing
Assumable commercial loan of approx $580K.
Support & Training
- Buyer can purchase the business for $475K and pay rent - to be negotiated. - Seller may finance with the right offer and right buyer. - Solid income from 5 other rental units. - Seller may stay to train buyer up to 60 days.
Reason for Selling
Owners are retiring.
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Mike Yalda
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Mike Yalda
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