$2,500,000
Liquor Store
- Status: Available
- Price: $650,000
Amrit Sidhu
- License No:
- DRE #01457832
- Email:
- amrit@lbaweb.com
- Office:
- 925-932-2450
- Mobile:
- 925-932-2450
Description
Active owner in this Liquor Store
Net Income $250,000
A liquor store in a well-established safe location that has been in the family for almost 25 years is now available for sale. Solid sales, low rent, and short hours.
Ideal for a family operation. The current owner runs the store himself with some help from family and a part-time employee.
There is room to improve and an active owner operator should be able to take home approx. $250k/yr.
The monthly sale is approx. $100k.
The rent is only $2900/m.
The landlord is willing to give a new lease to a qualified buyer.
Solid sales, low rent, and short hours. Ideal for a family operation. Buyer must have approx. 250k-300k for down payment and good credit to qualify for new lease and SBA loan.
Business Information
Ownership Type:
Sole Proprietorship
Year Established:
25 years ago
Year Purchased:
1997
Business Type:
Liquor Store
License(s) Required:
Business, ABC, health
Hours of Operation:
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
Office Listing Number:
4185
Date Available:
08/31/2022
Reason For Sale:
Financial Information
- Annual Total:
- 1,200,000
- Revenue:
- Annual Net Income:
- 250,000
- Inventory:
- Not included in asking price
- Monthly Payroll:
Lease Information
- Base Rent:
- 2,900/m
- Lease Expires:
- Lease Option:
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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