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Liquor Store

  • Status: Available
  • Price: $1,400,000

Prabhjot Randhawa

License No:
DRE #01355674
Email:
prabhjot@lbaweb.com
Office:
925-361-5429
Mobile:
925-361-5429
  • Listing No: 4033
  • Status: Available
  • Area: Alameda county
  • Price: $1,400,000

Description

A high volume Liquor Store market located on a free-standing building with plenty of parking. The store is over 5,000sq.ft. insize. Great potential for an owner-operator to add food and check-cashing.

Seller Claims: Gross Sales is about $200,000 a month (including $40,000/m Meat shop sales, and without Lotto sales) at 35% margin, Rent is $8,000 a month plus the NNN, Lotto ?ATM commission is $2,500/m. Current inventory is about $250,000 to $300,000 which is not included in the asking price.

The buyer must have $1,000,000 in seasoned cash and excellent credit to qualify for the loan.

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Liquor Store
License(s) Required: Business, ABC, Health
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4033
Date Available: 10/05/2021
Reason For Sale: Other Interest

Financial Information

Annual Total:
2,400,000
Revenue:
2,400,000
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
8,000/m
Lease Expires:
Lease Option:
NNN:

Financing Information

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

Contact Us

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