Active
Meat Market C-Store with Liquor License
Both Liquor Stores, Convenience Stores and Meat Markets will continue to be stable through 2026 according to IBISWorld.com.
A great location in Fresno County and was established in 1998. The Store is 5,000 sq ft and is located on one of the main streets of this farming town with a great customer base. This is a great cash business, providing check cashing, liquor, beer and wine, meat and groceries.
The real estate is available as well at $1,800,000.00 with a CAP rate of 7.3. The real estate features the store at 5,000 sq ft and another attached building that is just over 6,400 sq ft. The second space is partially lease for a rate of $5,000.00/month. NOI on the building of $130,800.00.
Listed By: Verlen Love
Background information
Year established:
1998
Reason selling:
New Venture
Finance
Sales:
$1,487,136
Profits:
$599,868
Profit type:
Discretionary Earnings
Operations
Employees:
1 part-time and 2 full-time employees
Equipment:
Furniture Fixtures and Equipment including a walkin freezer and refrigerator and a display case for the meat. Equipped with a kitchen for a deli that is not being used. Equipment List will be provided during due diligence
Inventory:
approximately $150,000
Premises
Facility:
Corner building on a busy main street, located in a residential neighborhood.
Square footage:
5000
Rent and lease terms:
10 year lease 2 five year options, $5,900.00/Mo Property available for purchase at $1,400,000
Location:
Fresno, CA
Opportunities
Growth:
Stable growth expected through 2026.
Market:
Meat Markets are $6.7bn Industry C-Stores are a $34.8 bn Industry
Price and terms
Price:
$695,000
Financing:
SBA fundable. 10-15% down
Training:
4 weeks, 20 hours per week