307-311 S Madera Ave

307-311 S Madera Ave, Kerman, CA 93630

  • For Sale $1,350,000
  • Property Type Retail - Freestanding
  • Property Size 10,400 SF
  • Units 2
  • Lot Size 0.38 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1970
  • Date Updated Nov 26, 2023
Two buildings on one lot! Located on a corner lot at a signalized intersection.Excellent opportunity to purchase a thiry year long established Carniceria, Convenience and Liquor Store business located in a prime location. This profitable business has been successfully serving the local community for thirty years and has built a loyal consistent customer base. Key Features: Prime Location: Situated in a high-traffic area on the corner of two major thoroughfares with excellent visibility, the store benefits from a steady flow of both foot and vehicular traffic. It is conveniently located in close proximity to residential areas, offices, and in the center of a thriving commercial area, ensuring a consistent customer base. Diverse Product Range: with almost 3,000sqft the store offers a wide variety of convenience items, including groceries, snacks, beverages, tobacco products, household essentials, and much more. Additionally, it boasts a well-stocked Beer & Liquor section, providing customers with an extensive selection of wines, spirits, and beers. Carniceria: very Popular for its service & pricing with online reviews granting the store 4.5 out of 5 stars. Strong Financial Performance: The business has consistently generated impressive revenues and profits year after year with gross sales averaging $1,000,000 & very strong net cashflow. Connect with Broker for detailed info. Financial records indicate steady year over year growth and strong positive cash flow, making it an attractive investment opportunity for the prospective new owner. Established Customer Base: With nearly 30 years in operation the business is a cornerstone of the community and has a reputation for quality products for a fair price, the store has built a loyal customer base. Repeat business and word-of-mouth recommendations contribute significantly to the ongoing success of the business as well as rave reviews online & because it has been in business for almost 30 years the owner has not had any need to commit any money to marketing efforts however that could be an opportunity to further increase revenue. Growth Potential: There is potential to further expand the business by introducing additional services such as online ordering and delivery through app-based services, extending operating hours, modernizing sales & POS systems and implementing targeted marketing strategies. Currently the owner spends no money on marketing: the only marketing for the business is word of mouth. The store's location and reputation provide a solid foundation for growth and increased profitability. Transferable Lease: The business operates from leased premises with a favorable lease agreement in place. The lease terms are transferable to the new owner, providing stability and security. This Deli, Convenience and Liquor Store business presents an excellent investment opportunity for entrepreneurs looking to enter the convenience store industry or specifically expand their existing portfolio with a well-established business with great upside potential. With its prime location, diverse product range, loyal customer base, and strong financial performance, this business is poised for continued success

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Highlights

  • Corner Lot
  • Signalized intersection
  • $150,000 Solar system included

Contacts

Dustin Bates

eXp Commercial

(916) 804-2128

Location

Getting Around

  • Walk Score ®

    80/100 Very Walkable
  • Bike Score ®

    50/100 Bikeable
Powered by Walk Score ®
  • City Kerman, CA
  • Neighborhood Kerman
  • Zip Code 93630
  • Market Central Valley

Points of Interest

  • Taco Bell

    1.00 miles

  • Walmart Supercenter

    0.93 miles

Frequently Asked Questions

What is the total square footage of 307-311 S Madera Ave?

307-311 S Madera Ave totals 10,400 square feet.

When was this property built?

307-311 S Madera Ave was built in 1970.

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Contact Listing Broker

Dustin Bates

eXp Commercial

(916) 804-2128