Mexican Supermarket In Oxnard Area For Sale

Business description

This is a two year old market, equipemt is all in great shape. Store was doing over 300K monthly, recently lost the arrangements for check cashing and sales now in 200-250,000 range. The store can be changed to any type of food products if desired. Store still does some check cashing but limited now until able to get accounts with new local bank. Store does not have beer and wine kicense. Must see to appreciate.

Property information

Real Estate:

Lease

Lease terms:

Lease is good through 2022

Leasehold rent:

$60,000 per annum

Location:

Good location in shopping center with good visibility.

Premises details:

Located in a 12,500 sq ft retail space in shopping center. Rent is only $5000 monthly.

Size in square feet:

12,500 sq ft

Other information

Expansion potential:

Can expand with changes in product mix and.or additional advertisement

Competition / Market:

Business has good base of customers to grow from.

Support & training:

Seller Will Train

Reasons for selling:

Other Business Interests

Trading hours:

Seven days from 7AM until 9PM

Furniture / Fixtures value:

$300,000 (included in the asking price)

Inventory / Stock value:

$250,000