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For Sale Market, Real Estate In North County, San Diego, CA

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Contact: Mani Singh at 951-296-7646, 951-296-7646 - Log In To Message/Email This Contact
Last Revised: 9/9/19. Posting #: 254063
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Premium  High SDC  Absentee Run  
Key Words: market, convenience, san diego, absentee
Financial Info: Price: $2,400,000. Down: $20%+. Adjusted Net: $434,800. Annual Revenues: $1,243,800. Annual rental income of $51,000 from apartment units.
Profile: Well established, 100% employee operated, high gross, high gross profit, high net, Market that engages in sales of beer & wine, meat & produce, groceries & kitchen sales and check cashing services presenting a vibrant product mix that results in very high gross profits and resulting high net profitability of this business.

Additionally, this business is predominantly employee run and almost absentee owned with current ownership dedicating minimal time and resources towards management and business operations.

Furthermore, Mixed-Use development that blends residential and commercial, where those functions are physically and functionally integrated may allow an incoming buyer to further develop this site best suited to their needs and interest.

Annual rental income of $51,000 from apartment units provide added revenue stream.

Seller has indicated that there have been no major acts of violence making this historically a safe business to own and operate.

This Business has consistent and provable financials as seller has maintained detailed bookkeeping, employee run business operations, great prime location along with opportunity for expansion and growth, multiple revenue streams including rental income.

Profitable business with Real Estate and rental income, high net profit, almost absentee current ownership presents a rare acquisition opportunity.

Professional Resources & Contacts To Help You Close Your Deal!

Contact: Shalonda Chappel at 951-808-3972, 951-808-3972 (Cell)   Log In To Message/Email This Contributor
Profile: Escrow services to brokers & agents, owner/sellers, & buyers. Established 43 years. Extraordinary service. Experienced with handling difficult transactions. One stop for all your escrow needs: Bulk sales, lien searches, UCC searches, liquor license transfers, publishing & recording services.
Key Words: shalonda chappel-pilgram, town country escrow, escrow, bulk sale, bulk sales, escrows, liquor license transfers, lien search, lien searches, los angeles, orange, riverside, san bernardino, san diego, imperial
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Contact: Willard Michlin at 805-428-2063   Log In To Message/Email This Contributor
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
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
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
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Contact: Mike Brewer at 800-437-1100   Log In To Message/Email This Contributor
Profile: If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
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Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy

Contributor: Blair Sibley at 607-301-0967   Log In To Message/Email This Contributor
Profile: New York Business Broker Blair Sibley discusses the idea that business owner sellers should not guess when valuing and pricing their small to mid-sized business for sale and should be able to justify and support their asking price when marketing and selling their business for sale.
Key Words: sell a business, sell your business, sell my business, selling a business, valuation, business valuation, business value, value, selling price, asking price, pricing your business, valuing a business, valuing your business, cash flow, sde, discretionary income, sme, buying a business, adjusted net income, income, earnings, sba loans, sba loan, loans, financing, business purchase financing, blair sibley
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: In a case study involving hundreds of business buyers, owner/sellers, and business brokers, BizBenNetwork Founder Peter Siegel, MBA and BizBenNetwork Facilitator Manager Jordan Green's research determined the most effective strategies for successfully advertising a business for sale posting online.
Key Words: business for sale, business wanted, for sale, wanted to buy, buy a business, buying a business, sell a business, selling a business, business for sale, advertising, advertise, posting, postings, business broker, brokers, business brokers, broker, agent, agents, jordan green
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Contributor: Peter Siegel, MBA at 925-701-8064 X313   Log In To Message/Email This Contributor
Profile: When posting either a For Sale or Wanted To Buy Posting on BizBenNetwork, effective copy can be critical for catching the attention of either a prospective buyer (with a For Sale Posting), or a seller (with a Wanting Posting). Peter Siegel covers what our research shows works best in BBN postings.
Key Words: postings, posting, peter siegel, advertising
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Contributor: Spencer Siegel at 925-701-8064 X315   Log In To Message/Email This Contributor
Profile: Buyers often explore buying a franchise instead of an independent business because of certain benefits that come with doing so, however, choosing the right franchise to buy can be hard. With the number of franchises only growing this article helps business buyers select the right franchise for them.
Key Words: franchise, buying a business, business buyers, buying a franchise, spencer siegel
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Related Discussions For This Posting

Contributor: Peter Siegel, BBN Facilitator at - Log In To Message/Email This Contributor
Comments & Replies: 10   Topics: broker cooperation, business brokers, buying a business, for sale by owner, pocket listings, selling a business
Profile: What percentage of businesses for sale that are advertised and/or sold are pocket listings? What is the best way to find out about pocket listings? Are they advertised? Are they a big part of the businesses sold marketplace? In this Discussion on BBN multiple brokers, agents, BBN Members weigh in.
Key Words: pocket listings, open listings, pocket listing, peter siegel mba
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Contributor: Blair Sibley, Business Broker at - Log In To Message/Email This Contributor
Comments & Replies: 1   Topics: selling a business
Profile: In this BizBenNetwork discussion led by New York Business Broker Blair Sibley, BBN members and resources discuss the many factors that impact the length of time needed to successfully sell a small to mid-sized business and provide sellers with tips for preparing their business for sale.
Key Words: sell a business, selling a business, blair sibley
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Contributor: Peter Siegel, BBN Facilitator at - Log In To Message/Email This Contributor
Comments & Replies: 22   Topics: for sale by owner, legal issues, selling a business
Profile: A business owner/seller on BizBenNetwork just posed this question to me in a BBN Facilitator Session: “What are the best practices for avoiding lawsuits, possible litigation when selling a business?” In this discussion, we discuss many angles and ideas on this topic for sellers, brokers, and agents.
Key Words: selling a business, legal, attorney, sell a business, legal issues
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