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Liquor Store

  • Status: Available
  • Price: $283,000

Greg Davis

License No:
DRE #01375612
Email:
greg@lbaweb.com
Office:
925-932-2450
Mobile:
925-932-2450
  • Listing No: 3881
  • Status: Available
  • Area: San Mateo
  • Price: $283,000

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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