This market is a one stop neighborhood supermarket feeding local San Bernardino families. Located in the heart of San Bernardino, families from the surrounding communities load up on an entire week's worth of food and supplies. In addition to everyday groceries, they have plenty of fresh produce, a great meat department, and a bakery tailored to the local Hispanic community, lottery, and a Beer and Wine license. It is located in a nice neighborhood which is experiencing residential and commercial development, with great roadside visibility from the Highway.
The Supermarket was professionally remodeled by the previous owners of a VERY experienced, successful market chain that has since sold all their stores. The equipment is in good condition, the store is well maintained and brightly lit, and very clean and organized. The best thing about this location is the excellent lease terms for such a large, free-standing building. The lease increases every 5 years, instead of the typical annual increases.
The family member running the market is relocating, and since the owner is primarily involved in businesses outside of the grocery industry, it’s time to find a successor who can be dedicated to the store. The Buyer will get a location that was built for success, with a lot of opportunity to grow revenue. There is a huge amount of excess space next to the bakery being ineffectively used for storage. A savvy Buyer can use that space for food to go, a restaurant, or a clothing or gifts section. Current owner doesn’t advertise at all and has zero digital presence. Add a website, spin up social media, advertise weekly specials, and start marketing to the local community.
If you're expanding your grocery empire, this Supermarket is worthy of consideration. If you are interested in this opportunity or simply have questions, reach out to the Agent today