$2,500,000
Liquor Store
- Status: Pending
- Price: $283,000
Greg Davis
- License No:
- DRE #01375612
- Email:
- greg@lbaweb.com
- Office:
- 925-932-2450
- Mobile:
- 925-932-2450
Description
Profitable Liquor Store in great location, San Mateo County among many hotels and motels with tremendous foot traffic. Seller claims his Gross Annual sales over $660,000, seller also claims his Annual income is about $176,000. The store occupies 1,600 sq.ft. with rent at $3,200 a month. Current Lease expires in 2027 with option to renew. Current inventory of about $86,000, not included in asking price.
Business Information
Ownership Type:
Corporation
Year Established:
Year Purchased:
Business Type:
Liquor Store
License(s) Required:
Business, ABC and Health
Hours of Operation:
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
3881
Date Available:
07/01/2021
Reason For Sale:
Too far from his resident
Financial Information
- Annual Total:
- 660,000
- Revenue:
- 660,000
- Annual Net Income:
- 176,000
- Inventory:
- 86,000
- Monthly Payroll:
Lease Information
- Base Rent:
- 3,200/m
- Lease Expires:
- 2027
- Lease Option:
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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