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Liquor Store

  • Status: Pending
  • Price: $899,000

Prabhjot Randhawa

License No:
DRE #01355674
Email:
prabhjot@lbaweb.com
Office:
925-361-5429
Mobile:
(209) 815-3842
  • Listing No: 3885
  • Status: Pending
  • Area: Santa Clara
  • Price: $899,000

Description

A high volume Liquor store in a shopping center with plenty of parking. Great potential to increase the sale by doing product shuffle and increasing business hours. Current Business hours are 8 a.m. to 11 p.m.

Seller Claims: Gross Sale $135K/month at 30% margin, Rent is $5,100/month including NNN, Lotto/ATM commission $5,700/month, The current inventory is about $200,000 to $250,000 which is not included in the asking price.

Buyer must have $400,000 in seasoned cash and excellent credit to qualify for the loan.

Business Information

Ownership Type: Sole Proprietorship
Year Established:
Year Purchased:
Business Type: Liquor Store
License(s) Required: Business, ABC, Health
Hours of Operation: 8am-11pm/ 7xdays a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 3885
Date Available: 07/22/2021
Reason For Sale: Other Interest

Financial Information

Annual Total:
1,620,000
Revenue:
1,620,000
Annual Net Income:
Inventory:
200,000-250,000
Monthly Payroll:

Lease Information

Base Rent:
5,100/m
Lease Expires:
Lease Option:
NNN:

Financing Information

Down Payment:
400,000
Owner Will Carry:
Other Finance:
Terms:

Contact Us

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