$2,500,000
Liquor Store
- Status: Pending
- Price: $850,000
Matt Sadati
- License No:
- DRE #00704888
- Email:
- matt@lbaweb.com
- Office:
- 925-932-2450 x101
- Mobile:
- 925-932-2450
Description
Liquor Store
Net Profit $ 360,000
This is a fantastic opportunity to own this clean and busy liquor store in the heart of Daly City in a busy shopping center. The owner claims the business has 10 years Lease plus 1 x 5 years option. Monthly Rent is $9,000 including NNN.
The business sells $200,000 lotto/year and receives $1,200/month net plus has 2 ATM machines which receive $1000/month. One part-time employee pays about $1000/month. The place does about $100,000 in gross sales with a 35% markup. All his expenses are paid off by lotto sale. The owner claims $30,000/month net profit.
The asking price is $850,000 + Inventories.
The buyer needs $600,000 cash and the seller will finance the balance. This is a 60% return cash on cash investment.
Please do not talk with employees or the owner. He will not sell you the business at all if you talked with employees or ask him any question directly.
Contact Matt Sadati. The agent for any information.
Business Information
Ownership Type:
Corporation
Year Established:
Year Purchased:
Business Type:
Liquor Store
License(s) Required:
Business, Health, ABC
Hours of Operation:
8.00am-11.30pm
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4265
Date Available:
04/06/2023
Reason For Sale:
Other Interest
Financial Information
- Annual Total:
- Revenue:
- Annual Net Income:
- 480,000
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- 9,000/m
- Lease Expires:
- 2033
- Lease Option:
- 1 x 5 years option
- NNN:
- Included
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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