$2,500,000
Liquor Store
- Status: Sold
- Price: $1,000,000
Yogen Dhanik
- License No:
- DRE #01190497
- Email:
- yogen@lbaweb.com
- Office:
- 925-932-2450
- Mobile:
- 510-427-8597
Description
This is a well established Liquor & Convenient Store on a 2,500sqft space close to busy major road, surrounded by different Stores, offices and Restaurants such as Taqueria, Mexican Café. The store is open 9.00 am-7.00pm 7 x days a week. It is well organized, clean and well kept. Current owner has been there for the past 21 years. Rent is $3,500 a month. New tenant will have to renegotiate the lease and Rent. Seller claims his Gross Annual Revenue is $1,380,000, he also claims his Net Income is about $360,000. The owners and two part time employees run the store. There are few apartments complex, Residentials and Schools near by. Proof of funds need for at least $400,000.
Business Information
Ownership Type:
Partnership
Year Established:
2000
Year Purchased:
2000
Business Type:
Liquor Store & Market
License(s) Required:
Business, Health, ABC
Hours of Operation:
9.00 am-7.00 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:
4077
Date Available:
01/11/2022
Reason For Sale:
To retired
Financial Information
- Annual Total:
- 1,380,000
- Revenue:
- Annual Net Income:
- 360,000
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- 3,500/m
- Lease Expires:
- Lease Option:
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
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