Grocery Store with Beer/wine with Real Estate Plus 3 bed apartment
| Asking Price: | $1,400,000 |
| Real Estate: | $900,000 |
The current owner bought this store in 2021 and was purchased to be run by a family member who since decided not to be in the grocery business. The store is being run absentee and has suffered as a result. In 2022, the store did just over 1M in annual sales. In 2023, the sales dropped to a bit over 900k and this year till June, the store did about 400k.
This is an ideal business for a family operation and has tremendous potential to go back to over 1M in annual sales. There is a 3 bedroom apartment that brings in about 1500/m rent as well.
The store is located about 60 mi N of Sacramento between the Sierras and the pacific coast.
Buyer must have a minimum of 400k in cash and great credit to qualify for SBA loan. Call broker for details.
