Deal Alert: Liquor & Grocery Store with Built-In Kitchen in Affluent CA Neighborhood

📍 Location: San Joaquin County, California
💰 Asking Price: $529,900 + ~$200K inventory
💸 Revenue: $835,878 (2023) | 2022: $737K | 2021: $725K

🌟 Why This Business is Great:

✔ Recession-Resistant, Daily Cash Business
This isn’t just another corner store. It’s a long-standing liquor and grocery shop in a wealthy neighborhood, operating 16 hours a day with strong customer flow. Daily essentials, late-night demand, and alcohol = dependable cash flow.

✔ Strategic Add-Ons: Full Commercial Kitchen
It’s already built. A 10-foot Type-1 hood kitchen is sitting inside, unused or underutilized. For the right operator, that’s a growth engine. Add hot food, delivery, or even a branded takeout concept — no extra buildout needed.

✔ Owner-Run, Clean Books, Real Growth
The store’s been run by the same owner since 2010. Year-over-year growth (725K → 835K) without a major reinvestment strategy means there’s low-hanging fruit for an operator who wants to improve marketing, menu, or add new services.

🚧 Challenges & Considerations:

❌ All-Cash Deal, No Seller Financing
This weeds out inexperienced or undercapitalized buyers. You’ll need proof of funds + inventory cash, meaning ~$730K out of pocket. But for serious operators, it also means less competition.

❌ Lease Up in 2025
While there’s a 5-year renewal option, you still want to confirm landlord cooperation early. The business location is strong, but lease security matters.

❌ No Formal Food Operation Yet
Despite having the kitchen, there’s no current menu or staff to run it. This is both a gap and an opportunity — it’ll take work to unlock that value.

🚀 Growth Opportunities:

🔹 Turn on the Kitchen
Launch a ghost kitchen, offer late-night eats, or create a delivery-only food brand. The kitchen is already there — this is the most obvious upside.

🔹 Check-Cashing & Local Services
Add services that match the clientele. Things like check-cashing, utility bill pay, or money transfers could drive foot traffic and margin without major costs.

🔹 Private Label / Upsell Strategy
Use the grocery side to push high-margin branded goods, snacks, or meals. This could be paired with the kitchen launch.

🔍 My Analysis:

This is a steady, cash-flowing business in a good neighborhood with a lot of potential upside. It already does over $800K a year in sales without using the commercial kitchen — which is a big missed opportunity. If the right owner adds hot food, delivery, or even a small branded menu, the revenue could grow fast. The location is strong, the licenses are in place, and the rent is fair for the size and area. There’s no seller financing, so it’s best for someone with cash who wants to operate the business themselves or with a small team. It’s not passive, but for the right person, this could be a great lifestyle business with reliable income and room to grow.

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