Afghani Ethnic Grocery Store For Sale
Location California,United States
Asking Price Range < $250K
Gross Revenues $280000
Net Profit / Cash Flow $67000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2000
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Negotiable
Reason for Sale Family situation
Description Asking Price: 160,000 2012 Adjusted Cash Flow: $67K
FF&E: 93K (Included in asking price) Inventory: 30K (addition to the asking Price)
(Industry: Grocery store): 5411-05
This Afghani Ethnic Grocery store located in San Francisco Bay Area makes good money for the owner. This business caters to Afghani, Iranian, Pakistani, and Indian clientele.
The business is conveniently located close to freeways with ample parking in a busy shopping center.
They have a kitchen where they make fresh delicacies like Tandoori Cookies, Bolani, Naan, Roat, Namake Cookies, Cream Rolls, Samosa, Pakora, Rice Cookies, Corn Cookies. They also make seven different types of breads. They also service two restaurants and three stores that get prepared food from this store. They have a Fresh Halal meat for sale.
They carry a wide variety of kitchen and bath products, CDs & DVDs, phone cards, Money Transfers, and traditional Afghani and Indian Clothes, and traditional and fine jewelry from all over. They also sell Cigarettes, Hookahs, Hookah pipes, and accessories.
All furniture, fixtures, and equipment (FFE) are included in the asking price. This includes a full commercial kitchen. The FFE is estimated to be worth about $93,000 when originally purchased.
This would make an excellent living for a couple or a good living for an individual.
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