This a great opportunity to own a successful liquor store with a 2-story building, located in a nice neighborhood in Alameda County. 1,200 square foot liquor store with a 2-bedroom 1 bath apartment upstairs rented for $2,300/m. The monthly gross is $30,000 with a 35% margin. Gross profit is $10,500/m. Expenses: Utilities are $1,000/m. Water is $200/m.
Net Income is $11,600/m
1. Liquor store business and Property= $1,350,000
2. Just liquor store without property= $299,000