Review

Liquor Store
Liquor Store
In or near Alameda

Status: Available
Price: $640000
Sq Ft: 1600 Sq Ft.

LBA Listing # 3946
 

 
Liquor Store
Liquor Store


Alameda LBA Listing # 3946

Long established 22-years business, well known in the area, doing high numbers

historically and recent increases because of new condo development in the area. Seller claims

currently store is doing annual gross sales $852,000 with Net Profit of $234,000.00 as owner

operator.  Currently store has shorter hours 11 am – 10 pm and Not selling Lotto, new owner can

extend hours and offer lotto which will increase sales with even more profits.  In addition, the price

is justified for the fact that the City of Oakland has approved renovation funds for interior and

exterior of the store, documents available. Furthermore, the store is in “Green” zone to sell

cannabis products as added product line. New condo development Brooklyn Basin with a total

3,100 unites going up nearby.  Seller is moving out of state for daughter’s college. 

This is a rare opportunity for a profitable store first time in the market.

Status: Available
Price: $640000
Sq Ft: 1600 Sq Ft.  


Business Information Financial Information
Ownership Type:  Sole Proprietorship
Year Established: 1998
Year Purchased:
Business Type: Liquor Store
License(s) Required: Business, Heath, ABC
Hours of Operation: 11 am-10 pm/7 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3946
Date Available: 3/12/2020
Reason For Sale: Moving out of State.
Annual Total Revenue: 852,000
Annual Net Income: 234,000
Inventory: 90,000
Monthly Payroll:
Lease Information
Base Rent: 2,375/m
Lease Expires: 2025
Lease Option: 1 x 5 years option
NNN:
 
Financing Information
Down Payment: 640,000
Owner Will Carry:
Other Finance Terms:
Disclaimer: This Information has been supplied to Broker by Seller. Broker expressly disclaims any and all liability for representation of warranties, expressed or implied, contained in such information, or for omissions from them. Broker believes such information to be correct, but has not verified or checked it. Any agreement or decision by Buyer to pursue a transaction regarding this Business should be based on further investigation by the Buyer. This information is shared by all Brokers/Agents at Liberty Business Advisors of San Francisco, Inc.