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Liquor Store

  • Status: Pending
  • Price: $1,000,000

Yogen Dhanik

License No:
DRE #01190497
Email:
yogen@lbaweb.com
Office:
925-932-2450
Mobile:
510-427-8597
  • Listing No: 4077
  • Status: Pending
  • Area: Alameda County
  • Price: $1,000,000

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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