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Liquor Store

  • Status: Available
  • Price: $399,000

Yogen Dhanik

License No:
DRE #01190497
Email:
yogen@lbaweb.com
Office:
925-932-2450
Mobile:
510-427-8597
  • Listing No: 4217
  • Status: Available
  • Area: Fremont
  • Price: $399,000

Description

Great Opportunity to own an established Liquor Store in a very busy shopping Center in the heart of Prime Bay Area City. Great location and with lots of foot traffic. Reasonable priced. Also has Check Cashing and ATM. Great potential to increase the income by increasing the store hours.

Income: Seller claims his Gross Annual Sale from the store is about $540,000,000 (with 35% markup)+Check Cashing Net: $24,000 + ATM: $6,000 + Lotto: $2,500/m with $2,040 year income

TotalĀ  Gross Income is; $574,540.00

Expenses: Payroll; $5,000/m, Rent is $3,183/m for a 1,600sq.ft. space, Utilities; $800/m, Miscellaneous; $1,000/m.

There is $150,000 current inventory.

Business Information

Ownership Type: Sole Proprietorship
Year Established:
Year Purchased:
Business Type: Liquor Store, Check Cashing
License(s) Required: Business, ABC, Seller's Permit
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4217
Date Available: 01/03/2023
Reason For Sale: Retiring

Financial Information

Annual Total:
574,000
Revenue:
Annual Net Income:
Inventory:
150,000
Monthly Payroll:
$5,000

Lease Information

Base Rent:
3,183/m
Lease Expires:
Lease Option:
NNN:

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

Contact Us

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