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Liquor Store

  • Status: Available
  • Price: $175,000

Majid Edalatjavid

License No:
DRE #02124415
Email:
majid@lbaweb.com
Office:
925-932-2450
Mobile:
925-932-2450
  • Listing No: 4148
  • Status: Available
  • Area: Alameda County
  • Price: $175,000

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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