$2,500,000
Liquor Store with Land
- Status: Available
- Price: $2,500,000
Yogen Dhanik
- License No:
- DRE #01190497
- Email:
- yogen@lbaweb.com
- Office:
- 925-932-2450
- Mobile:
- 510-427-8597
Description
Liquor Store with Property for Sale!!!
4,108 sqft. Building, 5,560sqft lot, with build 1 x liquor store on a1,900sqft., 3 x Bedroom Condo, 2 x Bedroom Condo, plus Beauty salon, and a storage unit.
1-Rental Income:
(3 x Bedroom unit; $1,700/m ) + (2 x Bedroom unit; $2,000/m) + (Beauty Salon; $1,300/m) = Total Rental income $8,300/m
2-Business Income:
Gross Sales: $60,000/m
Lotto Sales: $5,000/m gross, Net $350 @6.57 % margin
ATM: $150/m
Gross Profit: $21,500 @ 35% margin
3- Expenses: Utilities $1,500/m + Misc. Expenses $800/m
The business is run by owner operator family. It is located on a busy corner lot. The current owner has owned it for the last 11 years. The store needs only 2 x employees, and the store hours need to be increased from 6am-midnight. Rents are far below the market rate. Rents need to be increased to market rate.
Business Information
Ownership Type:
Corporation
Year Established:
Year Purchased:
Business Type:
Liquor Store
License(s) Required:
Business, Health, ABC
Hours of Operation:
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4216
Date Available:
01/02/2023
Reason For Sale:
Retiring
Financial Information
- Annual Total:
- 825,600
- Revenue:
- Annual Net Income:
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- Lease Expires:
- Lease Option:
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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