$2,500,000
Liquor Store
- Status: Sold
- Price: $175,000
Majid Edalatjavid
- License No:
- DRE #02124415
- Email:
- majid@lbaweb.com
- Office:
- 925-932-2450
- Mobile:
- 925-932-2450
Description
This Liquor Store was built in 1985 on a 2,365sqft. space in a well populated and safe City of Alameda County. Base Rent is $4,967 a month and the landlord is willing to drat a good lease with 2 x 5 years options. Seller claims his gross annual sale is about $324,000. Current Inventory is about $80,000-100,000. Hours of operations is reduce because of pandemic; (10am-8pm) / 7x days a week. Seller claims his commission from Lotto was $51,000 in 2021 and in 2020 was $46,000. The seller also claims his Gross Sales was $320,000 in 2021 and in 2020 was $350,000.
Motivated sale!!
Business Information
Ownership Type:
Partnership
Year Established:
1985
Year Purchased:
Business Type:
Liquor Store
License(s) Required:
Business, ABC, Health,
Hours of Operation:
10am-8.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:
4148
Date Available:
06/07/2022
Reason For Sale:
Retiring
Financial Information
- Annual Total:
- 324,000
- Revenue:
- Annual Net Income:
- Inventory:
- 80,000-100,000
- Monthly Payroll:
Lease Information
- Base Rent:
- 4,967/m
- Lease Expires:
- Lease Option:
- 2 x 5 years option
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
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