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California Bakersfield Arvin Convenience Food Market And Fast-food

Kern County, CA, USA
Listed 122 days ago

$400,000 plus inventory for the california bakersfield arvin convenience food market and fast food business only.  Property available for an additional $800,000.  $100,000 average monthly merchandise sales with higher margins, which include profitable meat sales.  Same owner for over 40 years, retiring.  Fully equipped kitchen available for the buyer to operate for additional sales and profits.  Check cashing has been a great revenue source.  The buyer can also elaborate on check cashing.  Funds are needed to bring check cashing and money services to a much higher level.  Additional income from a recycling business leased to a third party in the back of the store, bringing $1500 per month (month-to-month lease).  Additional income from the meat that is leased to a third party for $3500.00 per month, and the buyer can operate the meat operation if they choose to.  Updated 2900 sf grocery store and plenty of room for other profit centers like a fast food using the equipment in place.  Located in a dense residential neighborhood on a busy street surrounded by rooftops and apartments.  Established business with a great reputation and customer loyalty.  Turnkey operation.  Additional income from the lottery, atm, cigarettes, and other rebates and commissions.  Great opportunity for the right owner-operator or a family.  Motivated seller willing to make the right deal with the right buyer.  Please "do not disturb the employees" and call the saleh group for more information and showings or visit us online.

Real Estate

Lease

Leasehold Rent

$60,000 per annum

Premises Details

2900 sq. ft. Stand-alone Building

Support & Training

2 weeks of training at no cost to the buyer

Size In Square Feet

2,900

Inventory / Stock Value

$100,000

Reason for Selling

Retirement and other projects

Financials

Asking Price
$400K
RevenueMost Recent Year
$1.2M
Earnings (SDE)Last Reported
$300K
Assets Value
Undisclosed
Seller Financing
Not available

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