4219 Park Blvd, Oakland, CA 94602
This in Oakland hills upscale white population safe area completely different from Oakland area
LOCATION: Located in Upscale Oakland Hills area near Piedmont
PREMISES: Approx 3000 SF, Lots of Natural light from Glass Windows, Walk in Coolers along Walls, Lots of Street parking.
COMPETITION: No Immediate Competition
HISTORY: This store has been there for approximately 50 years. Current owners bought it in 2007 .
REASON FOR SELLING: Wants to get into Wholesale Natural Food Business
MANAGEMENT: Owner Family Operated. Minimum 1 ½ employees . Prefer 2 employees.
POTENTIAL: Store is well managed and new Owner should continue same polices and continue growth trend, Current salesa re strong in spite of weak economy which suggests how well the business will do in a normal economy.
CLIENTELE: Very safe area. Upscale family neighborhood, Mainly White Upper Class Clientele.
Mixed Ethnicity; Significant Clientele from Apple Computers
❖ Price = $950K + Inventory at Cost ($300K approx) ; Down Pmt $300-400K; Balance to be obtained through an SBA Loan
❖ Sales are approximately $140k/ mth (excluding Lotto and Sales Tax). Markup is approx 30%-35%. . Gross Profit is Approx $45K per mth; Approx 50% of total Sales are Liquor, Beer and Wine; Rest is mainly Dry Grocery and Natural Foods; Lotto Commissions are approx $1000 per mth
❖ 3000 SF. Owner will rent at current market value. Lease negotiable
❖ Open Approx 7: 30 am – 11 pm 7 days
❖ Lots of potential for a Hands On professional seasoned operator. Continue professional operations and trend will continue
Data provided by Seller; Buyer is advised to independently verify which Seller will permit
DO NOT DISCUSS BUSINESS WITH EMPLOYEES OR OWNERS
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THIS IS A HIGHLY CONFIDENTIAL BUSINESS...