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Convenience Store – Market

  • Status: Available
  • Price: $145,000

Majid Edalatjavid

License No:
DRE #02124415
Email:
majid@lbaweb.com
Office:
925-932-2450
Mobile:
925-932-2450
  • Listing No: 4147
  • Status: Available
  • Area: Alameda
  • Price: $145,000

Description

$120,000 Net Income

Owner Operator

Well-established Convenience Store on a 3,000sqft. Space Making Annual Gross Sales of $600,000 as seller claims. It is located on a major street in a neighborhood with lots of homes and other businesses, and Restaurants. Hours of Operations; 7.30am-10.30pm / 7 x days a week. Base Rent is $4,900/m with $300/m for NNN which includes; Water, Garbage, Tax and Insurance. Current Inventory is about $25,000- $30,000, which is not included in the asking price.

There are two rooms in the back of the store which can be used as offices, Storage space or Bedrooms. The store has great potential for an experience owner operator to do some miner changes to rent the rooms. Currently  there is a taco stand that pays $800.00 a month Rent  for his Taco Stand to be parked at the back of the shop. The ATM income is about $500 a month. The new owner can apply for Lotto sale permit.

Motivated Sellers!!

Business Information

Ownership Type: Partnership
Year Established:
Year Purchased:
Business Type: Market / convenience Store
License(s) Required: Business, ABC, Tobacco, Health
Hours of Operation: 7.30am-10.30pm / 7 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4147
Date Available: 06/07/2022
Reason For Sale: Moving from the area.

Financial Information

Annual Total:
600,000
Revenue:
600,000
Annual Net Income:
120,000
Inventory:
25,000 - 30,000
Monthly Payroll:

Lease Information

Base Rent:
4,900/m
Lease Expires:
2027
Lease Option:
1 x 5 years option
NNN:
300/m Includes; Water, Garbage, Tax, Insurance

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

Contact Us

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