Search

Liquor Store

  • Status: Sold
  • Price: $300,000

Matt Sadati

License No:
DRE #00704888
Email:
matt@lbaweb.com
Office:
925-932-2450 x101
Mobile:
925-932-2450
  • Listing No: 4050
  • Status: Sold
  • Area: San Jose
  • Price: $300,000

Description

Net Income Over $120,000

This is a new store – Business is growing every week. This place is located in a very clean and busy shopping center with a lot of local repeat customers. Rent is low and has a very good lease. Owner claims $50,000 a month Sale and growing each week with high profit margin of 40%. Rent is $2,800 a month, Lotto is about $10,000@ 0.6 cents.

The owner has another business and do not have time or the man power for this business. An owner operator should be able to make well over $150,000 per year for himself. Asking price is $300,000 including inventory. At least $200,000 down required and owner will carry the balance.

Business Information

Ownership Type: Partnership
Year Established:
Year Purchased:
Business Type: Liquor Store
License(s) Required: Business, Health, ABC, Tobacco
Hours of Operation: 8 am- 12 am
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4050
Date Available: 11/03/2021
Reason For Sale:

Financial Information

Annual Total:
600,000
Revenue:
600,000
Annual Net Income:
Inventory:
40,000
Monthly Payroll:

Lease Information

Base Rent:
2,800/m
Lease Expires:
Lease Option:
NNN:

Financing Information

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

Contact Us

    RELATED PROPERTIES

    $2,500,000

    Gas Station and Mart

    Alameda County
    $150,000

    Franchise Pizza Restaurant

    Contra Costa County
    $900,000

    Liquor Store

    Alameda County