Advert Ref: 5100-RL

Like New & Beautiful Boutique Grocery Market For Sale

  • Sonoma County, California - North
Asking price:
$399,000
Sales revenue:
$1m - $5m
Net profit:
$50k - $100k

Photograph of this business for sale

The Market is a unique boutique grocer that offers residents and tourists in North Sonoma County a beautiful shopping experience in a space full of natural light, custom reclaimed and distressed wood displays and a gorgeous variety of curated products. Founded in 2017, the market is clean and well-kept. Revenues in the first year were 1.2M and in year two, 1.6M with an adjusted net income of 5.4%. Next operator could add beer and wine for increased revenues. The market features high-quality groceries; local, seasonal produce; and prepared foods made onsite including sustainable sushi, artisan pastries and grab and go sandwiches as well as an organic salad bar and hot bar. The meat department features organic, free-range meats/poultry, and wild-caught seafood. There is a wide range of health products and holistic beauty lines, and local and globally curated, ethically-produced home goods for kitchen and bath. This is the perfect opportunity for a first-time operator to buy a fully functioning and well-run business or for the seasoned operator ready to add another unit.

ADDITIONAL DETAILS:

-The market is 4,800 sqft (approx.) w/ indoor seating for 16 and a small outdoor seating area

-Rent is $3690 (approx.). Current term expires August 2022 with two 5-year options.

-Equipment includes 24’-0” (approx.) Hussman produce refrigeration case; 8’-0” (approx.) Type-1 Hood; Vulcan double convection oven; Imperial 4-burner stove; 33 Lozier Shelving units; 10’X10’6” Walk-in refrigerator; 26’-0” X 10’-0” Walk-in with 10 self-serve glass doors; Ice-O-Matic ice machine;; triple ware washing sink with spray nozzle; two-compartment sink; 5 hand washing sinks; mop sink and much more

-Market is open 7 days a week 8:00am-8:00pm Monday-Saturday and Sunday 9:00am-8:00pm

-Two Owners work in the market with 14 employees including a full-time sushi chef, pastry chef and kitchen manager as well as 2 part-time produce clerks and 6 cashiers

-Inventory valued at $195,00 (approx.) is included in the purchase price


Price Includes: Furniture, fixtures and equipment, training period, leasehold interest, leasehold improvements, and goodwill. Some personal items may be excluded from the sale. Inventory is not included in the sale and is available for Buyer to purchase at wholesale cost

Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification and that of their financial and/or legal advisers with regard to this information.

Property:
Leasehold
Lease terms:
Rent is $3690 (approx.). Current term expires August 2022 with two 5-year options.
Size in square feet:
4,800

Reasons for selling:
Family is moving out of the area
Trading hours:
Market is open 7 days a week 8:00am-8:00pm Monday-Saturday and Sunday 9:00am-8:00pm
Employees:
14 + 2 owners
Years established:
2017

Support & training:
Seller will provide consulting and training to qualified buyer
Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
$197,000

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