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  Home > Search Results > For Sale: Convenience Store

For Sale Convenience Store In Visalia, Tulare County, CA

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Contact: Harry Sidhu at 510-490-9705 - Log In To Message/Email This Contact
Last Revised: 9/10/19. Posting #: 253686
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Key Words: convenience, visalia, tulare
Financial Info: Price: $99,000. Down: All Cash. Adjusted Net: Call. Annual Revenues: Call. Inventory approximately $30,000 is not included in the asking price. Rent: $1,500/month. Lease: New 5 year term plus 5 year option (subject to landlord approval). Gross Sales: ~$22,000/month. Lotto Commission: $6,500/year.
Profile: Description:
This C-Store is located on the corner of two streets in the residential area of Visalia. It is surrounded completely by residential housing, which will provide a constant flow of foot traffic. This market has proudly served the community since 1988. Ideally located in close vicinity to Oval Park & minutes away from Hwy 198. Store lacks consistent business hours, adequate and diverse merchandise. Great upside potential for new buyer. Inventory approximately $30,000 is not included in the asking price.

Equipment Include: 8-door Walk-in cooler, 5-door Reach-In Cooler, Cash Register, Display shelving, Ice maker, Security System with DVR and Much More. A full list of equipment is available with the Listing Broker.

General Information:
Organization: Sole Proprietor | Square Footage: ~1800 sq. ft. | Licenses Required: City Business License, Health Permit, SBOE, Tobacco, ABC Type-20 Beer/Wine License (Included & Transferable) | Days Open/Hours: 8:00am to 9pm | Reason for Sale: Other Business Interests.

Lease:
Rent: $1,500/month
Lease: New 5 year term plus 5 year option (subject to landlord approval)

Revenue:
Gross Sales: ~$22,000/month. Lotto Commission: $6,500/year.

Financing: All Cash

Broker Disclaimer:
Mission Peak Brokers, Inc. We obtain the information in this marketing package from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty and representation about it. It is submitted to the possibility of errors, omissions, change of price, rental or other conditions, prior to sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may bit represent current or future performance of the business & Property. You and your tax or legal advisers should conduct your own investigation of property and transaction.

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Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
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Contact: Peter Siegel, MBA at 925-701-8064 X313, 925-785-3118 (Cell)   Log In To Message/Email This Contributor
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