$2,500,000
Convenience Store – Market
- Status: Sold
- Price: $145,000
Majid Edalatjavid
- License No:
- DRE #02124415
- Email:
- majid@lbaweb.com
- Office:
- 925-932-2450
- Mobile:
- 925-932-2450
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:
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