Hot Listing
High volume Super Market with Yearly Sale of $9,500,000 in Palo Alto
Business Description
Established Grocery Store and Market - Palo Alto, California
This well-positioned grocery retail operation represents a compelling investment opportunity in Santa Clara County's thriving Palo Alto market. The business serves the surrounding technology sector and commercial district, maintaining strong community integration through comprehensive grocery services.
Operational Overview:
The establishment operates as a full-service grocery store featuring fresh produce, prepared foods through an on-site deli, in-house bakery operations, and an extensive alcoholic beverage selection. The business model centers on quality merchandise, diverse product offerings, and consistent customer service standards.
Financial Performance:
The operation generates annual revenue of $9,500,000, demonstrating established market penetration and financial stability within the competitive grocery sector.. Asking Price is $4,000,000 Plus Inventory of $900,000
Facility Specifications:
The business occupies 17,949 square feet of ground-floor retail space with an additional 3,697 square feet of warehouse and office facilities on the upper level. The facility includes commercial-grade refrigeration systems, freezer storage, and cold storage units to maintain product quality standards. The property sits on approximately 1.5 acres, providing substantial customer parking capacity.
Licensing and Permits:
The sale includes a Type 21 off-sale general liquor license with tasting privileges, enabling promotional events and expanded revenue opportunities through wine and spirit tastings.
Market Position:
The store's location within Palo Alto's commercial corridor provides access to a stable customer base supported by the region's technology industry employment. The comprehensive product mix positions the business as a destination retailer for both convenience and specialty grocery needs.
This acquisition opportunity offers an established operation with demonstrated revenue performance, comprehensive licensing, and substantial physical infrastructure in a premium California market.
This well-positioned grocery retail operation represents a compelling investment opportunity in Santa Clara County's thriving Palo Alto market. The business serves the surrounding technology sector and commercial district, maintaining strong community integration through comprehensive grocery services.
Operational Overview:
The establishment operates as a full-service grocery store featuring fresh produce, prepared foods through an on-site deli, in-house bakery operations, and an extensive alcoholic beverage selection. The business model centers on quality merchandise, diverse product offerings, and consistent customer service standards.
Financial Performance:
The operation generates annual revenue of $9,500,000, demonstrating established market penetration and financial stability within the competitive grocery sector.. Asking Price is $4,000,000 Plus Inventory of $900,000
Facility Specifications:
The business occupies 17,949 square feet of ground-floor retail space with an additional 3,697 square feet of warehouse and office facilities on the upper level. The facility includes commercial-grade refrigeration systems, freezer storage, and cold storage units to maintain product quality standards. The property sits on approximately 1.5 acres, providing substantial customer parking capacity.
Licensing and Permits:
The sale includes a Type 21 off-sale general liquor license with tasting privileges, enabling promotional events and expanded revenue opportunities through wine and spirit tastings.
Market Position:
The store's location within Palo Alto's commercial corridor provides access to a stable customer base supported by the region's technology industry employment. The comprehensive product mix positions the business as a destination retailer for both convenience and specialty grocery needs.
This acquisition opportunity offers an established operation with demonstrated revenue performance, comprehensive licensing, and substantial physical infrastructure in a premium California market.
About the Business
- Years in Operation
- 21
- Facilities & Assets
- Profitable Super Market with Full Hard Liquor License, Meat Market, Bakery and Deli for Sale on the Freeway Exit in the City of Palo Alto California
- Market Outlook / Competition
- Very Less Competition and opportunity to grow
- Opportunities for Growth
- New Owner can open this Market 24 Hours as this located on the Freeway Exit.
About the Sale
- Seller Motivation
- Seller wants to relocate
- Transition Support
- Full Support and Training from the Seller for few weeks.
- Financing Options
- SBA Loan pre-approved with 30% down payment
Listing Info
- ID
- 2453634
- Listing Views
- 83
Listing ID: 2453634 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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