About this business
This established neighborhood grocery and convenience store has been operating since 1985, offering liquor, beer, wine, beverages, snacks, and everyday essentials to an upscale residential community. The business generates approximately $105,000 in monthly sales with a 40% gross profit margin. The property spans approximately 3,868 square feet of building space on a 0.347-acre lot with ample free parking in front and substantial storage space in the rear. This opportunity includes acquisition of both the operating business and the underlying real estate, providing an owner-operator with a complete turnkey asset. The business operates daily from 7 am to midnight and maintains all required licenses, including the transferable ABC Type-21 Liquor License, City Business License, Health Permit, Seller's Permit, and Tobacco Permit. Equipment included encompasses a cash register with scanner, 14-door walk-in beer cooler, 16-door walk-in beverage cooler, custom-made liquor wall shelving, wine displays, security cameras with DVR and monitor, and additional fixtures. Significant expansion opportunities exist through adding complementary services such as a deli or coffee service (subject to applicable approvals), expanding digital marketing, introducing online ordering, and partnering with third-party delivery platforms. The seller is committed to a smooth transition and will provide training and ongoing support to the new owner. SBA loan financing is available for eligible buyers.
Financial overview
Location
San Mateo, California
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