Stockton Businesses For Sale
Supermarket - Grocery Store for Sale in Stockton CA
Business Description:
* The business for sale is a supermarket & grocery store located in Stockton CA - San Joaquin County.
* The market for sale is situated on a busy road of the town near residential area.
* The store sells convenience store products, general merchandise, beer & wine, dairy products, frozen meat, tobbaco products, cold drinks, lotto lottery, and other grocery store products.
* As per owner, store sale has about $110,000 gross sale per month @ 28% profit margin.
* Additiona Income: Lotto lottery about $8000 net/year, ATM about $100/month, & pay phone about $120/month.
* The grocery store has 18 door large walk-in cooler plus 6 door milk storage cooler and 5 door cooler for frozen meat storage.
* The store also has Beer & Wine license which is included in the sale.
* Meat shop tenant pays 35% cost of the PG&E bill for the store.
* Store size is about 8400 sq.ft. estimated and 1 meat shop tenant.
* The business for sale has good sales on the documents so there is possibility of an SBA loan with 30% down payment.
* Rent is about $5440 per month (Net rent be $4025 per month as $1440 /month rent is comming from meat shop tenant).
* Lease: Long Lease (as per both buyer and landlord agreement).
* Inventory is not included in the sale price. Inventory is sold sepreately.
* Business qualify for SBA loan so the buyer can put 30% down payment and rest may be business loan.
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Business & Real Estate Associate Nirvail Singh DRE License #01853125
Lease
Financials
Operations
Facilities
Highlights
- Big size grocery store for sale in Stockton CA.
- Good books.
- Buyer may buy with 30% down payment with rest SBA loan.
- Ample parking area.
- Located in busy area with residential surrounding.
- Dairy and meat products are also available.
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 38,671 | 45,135 | 138,804 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 10,227 | 13,400 | 47,227 |
| 2010 Persons Per Household | 3.69 | 3.29 | 2.82 |
| Median House Value | $105,000 | $116,982 | $143,426 |
| Income Per Household | $33,043 | $28,629 | $37,551 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 672 | 994 | 2,951 |
| 2012 Number Of Employees | 19,942 | 30,306 | 97,306 |
| 2012 Total Annual Payroll | $410,094,000 | $677,384,000 | $1,858,255,000 |
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Disclaimer
ADDITIONAL LISTING INFORMATION: NOTICE TO BUYERS: This business opportunity and/or real estate is listed by Western Singh Business Brokers ("Broker"). Visitor ("Buyer") understands that Broker or its agent(s) does not audit or verify any and all above mentioned information (not limited to sales, building size, lot size, margins, profits) given to or gathered by Broker or its agent(s) or make any warranty or representation as to its accuracy or completeness, nor in any way guarantee future business performance. Buyer is solely responsible to examine and investigate the Business, its assets, liabilities, financial statements, tax returns, and any other facts which might influence Buyer's purchase decision or the price Buyer is willing to pay. Any decision by Buyer to purchase the Business shall be based solely on Buyer's own investigation and that of Buyer's legal, tax, and other advisers and not that of Broker or its agent(s). Any listing information may change at any time without any notice. Buyer acknowledge that by using this website and inquring about any listings on this website shall not establish any agent and principal relationship between Western Singh Brokers and the Buyer. Western Singh Brokers is or will always be exclusive agent of seller only during any discussions or activities related to any listings on this website.
Western Singh Business Brokers helps buy and sell businesses for sale like gas stations, liquor stores, convenience stores, grocery stores, local markets, coin laundry, tabacco shop, cigarette stores, smoke shops, restaurants, and franchise businesses. Western Singh Business Brokers is serving in california in areas like modesto, sacramento, stockton, ripon, manteca, lodi, lathrop, elk grove, galt, tracy, livermore, dublin, pleasanton, alameda, merced, madera, ceres, turlock, hilmar, gustine, newman, los banos, delhi, denair, livingston, clovis, fresno, tulare, sonora, jackson, amador, roseville, placer county, el dorado hills, citrus heights, and other northern california area.
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