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Liquor And Convenience Store

  • Status: Available
  • Price: $499,000

Amrit Sidhu

License No:
DRE #01457832
Email:
amrit@lbaweb.com
Office:
925-932-2450
Mobile:
925-932-2450
  • Listing No: 4076
  • Status: Available
  • Area: Oakland
  • Price: $499,000

Description

Absentee Run Business Making $1,200,000 Gross Income!

This is a well established Liquor & Convenience Store Located in well populated City close to Bart Station on a 2,800 sqft. space. There is a on going project to build 3,000 more units across the street from this Liquor Store. Seller claims his Gross monthly Sale is about $100,000, plus extra monthly income of $2,300 from ATM, Coin machine brings $600 and $4,000 from Lotto Sale. Rent is $8,450 a month including NNN. Lease expires 2024 with 2 x 5 years option. There are 3 x full time employees with $12,000 a month payroll.

Business Information

Ownership Type: Sole Proprietorship
Year Established:
Year Purchased:
Business Type: Liquor & Convenience Store
License(s) Required: Business, Health, ABC, Tobacco
Hours of Operation: 6.30am-11.00pm / 7 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4076
Date Available: 01/20/2022
Reason For Sale:

Financial Information

Annual Total:
1,200,000
Revenue:
Annual Net Income:
Inventory:
200,000
Monthly Payroll:
12,000

Lease Information

Base Rent:
8,450/m
Lease Expires:
2024
Lease Option:
2 x 5 years option
NNN:
Included

Financing Information

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

Contact Us

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