Description

International Grocery Market with Bakery and Restaurant providing Mediterranean, Persian and Hispanic dishes. Bakery, deli, meats, produce and groceries from around the world. The widest variety of farm fresh produce in San Diego county.
The produce department is stocked with traditional items as well as hard to find regional, ethnic, and exotic produce that are not available in a traditional grocery market. Tastiest and freshest meats, fruits and vegetables available at a fraction of competitors' prices.

Food service includes on site restaurant as well a catering. On-site seating for up to 40 with license for outside seating for 20.

Located in a large strip center with almost 18,000 sq. ft. of space. Great long-term lease with multiple options to renew. Margins unheard of in the grocery business. Very little competition near by. Customers come from a wide geographical area.

Business employs 11 full time and 11 part time employees including one manager. Open daily 9-9.

Current revenue is approximately $250,000 per month and is growing steadily. Net to owner should be over $500,000. Replacement value is in excess of $1,500,000 and seller is only asking $1,500,000 plus inventory. This business could qualify for a EB5 visa.

Posted Sep 13, 2016

Did you know that social networking is a great way to buy a business? Sign up now and we'll show you how.

By clicking "Sign Up" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.

Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.