Last Revised: 9/9/19. Posting #: 255224
Key Words: market, grocery, yucca valley, san bernardino, absentee
Financial Info: Price: $350,000. Down: $100,000. Adjusted Net: Call. Annual Revenues: $470,639. Seller financing is available for a qualified buyer with $100,000 down and balance amortized over twenty(20) years, due in ten(10) at six(6)% APR. Sellers are offering business, land and building with seller financing.
Profile: Great opportunity to own a well-established, 100% employee operated, high gross profit, Market with Real Estate.
Please note, that this business engages in predominantly in sales of produce and groceries that results in very high gross profits.
Additionally, this business is 100% 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 may allow an incoming buyer to further develop this site best suited to their needs and interest.
Seller has indicated that there have been no major acts of violence making this historically a safe business to own and operate.
Seller financing is available for a qualified buyer with $100,000 down and balance amortized over twenty(20) years, due in ten(10) at six(6)% APR.
Sellers are offering business, land and building with seller financing available for sale at retirement age.
Highway location with Real Estate, Seller Financing present a rare acquisition opportunity.
Professional Resources & Contacts To Help You Close Your Deal!
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
Profile: New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. We believe in long term relationships with our clients. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese.
Key Words: escrow, bulk sale, helen yoo, new century escrow
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
View All Related Resources & Advisors For This Posting
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
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: It is every buyer’s dream to purchase an absentee owner business that allows them to collect a sizable paycheck without requiring any work. Is this a realistic expectation for business buyers? Is there such thing as 100% absentee business ownership? Jordan Green explores this popular topic.
Key Words: absentee, absentee owner, absentee ownership, semi-absentee, business owner, jordan green
Profile: BizBenNetwork Manager Jordan Green provides business buyers with tips for ensuring a smooth transition into business ownership and details ways to successfully approach topics such as training, employees, vendors, and contracts in order to keep business running smoothly after assuming ownership.
Key Words: purchase agreement, training period, training, transition, employees, buying a business, business purchase, purchasing a business, jordan green
Profile: William Bruce, National Business Broker/Intermediary and Valuation Expert from Alabama, explains three important issues that arise when buying or selling a small business of any kind. These issues for business buyers and business owner/sellers include confidentiality, valuation, and financing.
Key Words: buying a business, buy a business, selling a business, sell a business, confidentiality, valuing a business, business valuation, financing, sba loans, loans, business purchase financing, 401k, william bruce
View Related Blog Posts For This Posting
Profile: Determining a reasonable deposit and appropriate timeline for the various steps involved in a small business transaction can ultimately have a large impact on the sale of a business. BizBenNetwork Manager Jordan Green explains the important role that deposits play in a business’s sale.
Key Words: deposits, escrow, deposit, non-refundable deposit, purchase agreement, attorney, cpa, broker, brokers, buyers, buying a business, due diligence, deal structures, jordan green
Related Discussions For This Posting
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
Comments & Replies: 11 Topics: buying a business, deal structures, legal issues
Profile: Every day, I speak to business brokers and business owner/sellers, and I hear some pretty amazing stories about potential buyers of small to mid-sized businesses. I tend to ask them what traits they listen for to see if a potential buyer is serious and what traits or buyer actions are deal killers.
Key Words: buying a business, buy a business, mistakes, business buyers
View All Discussions
Comments & Replies: 11 Topics: business brokers, buying a business, pocket listings
Profile: I am often asked these questions by business buyers: “It seems as though brokers/agents have a tough time returning phone calls. Why do they make it so difficult to get information & return a call? What should I be doing so that they return my calls and emails?” BBN Members discuss this hot topic.
Key Words: brokers, business brokers, buying a business, business broker, agent