$2,500,000
Convenience Store
- Status: Sold
- Price: $325,000
Prabhjot Randhawa
- License No:
- DRE #01355674
- Email:
- prabhjot@lbaweb.com
- Office:
- 925-361-5429
- Mobile:
- (209) 815-3842
Description
High volume liquor store Franchise for Sale. The Store is located on a very busy street and close to the freeway. The current owner works 40 hours per week. Seller claims his Gross Annual Sale is $1,800,000. Franchise pays al the expenses except payroll. Net Income to owner- operator is $150,000 a year. The Franchise transfer fee of $85,000 and inventory deposit of $50,000 are not included in the purchase price.
The buyer must have 460,000 cash to purchase this business. No SBA loan possible, cash deal only.
Business Information
Ownership Type:
Partnership
Year Established:
Year Purchased:
Business Type:
Convenience Store
License(s) Required:
Business, Health and ABC
Hours of Operation:
Business Relocatable:
No
Business Is A Franchise:
Yes
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4057
Date Available:
11/18/2021
Reason For Sale:
Other Interest
Financial Information
- Annual Total:
- 1,800,000
- Revenue:
- Annual Net Income:
- 150,000
- Inventory:
- 50,000
- Monthly Payroll:
Lease Information
- Base Rent:
- Lease Expires:
- Lease Option:
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
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