$2,500,000
Liquor Store
- Status: Pending
- Price: $345,000
Matt Sadati
- License No:
- DRE #00704888
- Email:
- matt@lbaweb.com
- Office:
- 925-932-2450 x101
- Mobile:
- 925-932-2450
Description
$120,000/Year Net Income
This well-kept and lucrative liquor store is in a busy shopping location in the heart of Santa Clara County; the owner is absentee. The owner claims that the store generates 70,000 sales per month, not including lotteries, and that he earns $4000 net per month from food snack that he sells. The rent is $7,300 plus NNN for a ten-year lease with a five-year option. The store makes 30,000 in lotto sales every year, has two staff, and the owner lives far away. Owner operators should earn more than $150,000 per year.
Business Information
Ownership Type:
Sole Proprietorship
Year Established:
Year Purchased:
Business Type:
Liquor Store
License(s) Required:
Business, Abc
Hours of Operation:
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4299
Date Available:
07/25/2023
Reason For Sale:
other interest
Financial Information
- Annual Total:
- 840,000
- Revenue:
- Annual Net Income:
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- 7,300
- Lease Expires:
- Lease Option:
- 10 year lease X 5 year option
- NNN:
- included
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
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