Supermarket with Beer and Wine License

Overview

Discover an exceptional investment opportunity with this thriving state market in Kern County, CA. Boasting a prime location and a coveted Type 20 Beer and Wine License, this establishment is poised for continued success in the bustling retail landscape. Location: Situated in a high-traffic area, this market enjoys excellent visibility and accessibility, drawing in a steady stream of customers. Type 20 License: With a Type 20 Beer and Wine License in place, the market offers added convenience and versatility, appealing to a diverse customer base. Financial Performance: Last year's impressive gross sales of $7,447,307 underscore the market's strong revenue-generating potential. With a gross profit of $2,015,799 and a net profit of $561,392, this investment promises substantial returns. Call our Agent for more details. Cap Rate: At 31%, the cap rate reflects an attractive return on investment, making this property an enticing prospect for savvy investors seeking lucrative opportunities. Community Presence: This market has become a staple in the local community, fostering strong customer loyalty and repeat business. By nurturing these relationships and staying attuned to market trends, owners can capitalize on this established goodwill to drive continued success. Don't miss out on this rare chance to acquire a profitable state market with immense growth potential.

Business details

Gross revenue

$7,500,000

Real estate

Not included

Location