Liquor Store

Liquor Store

Available

$695,000.00

Listing Number :

 3524

Status :

Expired

Price :

$695000

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Area

4000

Description

Well established high volume liquor store with Property located in a busy street of well populated city in Bay Area. there are 10 parking spots at the location. The store has Health, ABC, Lotto licenses . Seller claims his Gross Annual Sale is about $383,000 and more. Seller also claims his net income is $60,000 a year. Asking price for this liquor store and property is $695,000. Seller is asking for $100,000 for the business and for land $595,000. Operating hours are: (10am-7pm / 7days a week). Attached to the liquor store there is a one bedroom apartment which can be rented for more income. A new investor with a vision can extent the hours of operation and with some change here and there increase his revenue. For more information please call the office.

3524

Business Information Financial Information
Ownership Type:  Sole Partnership
Year Established:
Year Purchased:
Business Type: Liquor Store
License(s) Required: Business, Health, ABC, Tobacco
Hours of Operation: 10am-7pm/7x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3524
Date Available: 8/24/2018
Reason For Sale: Retiring.
Annual Total Revenue: 383000
Annual Net Income: 60000
Inventory:
Monthly Payroll:
Lease Information
Base Rent:
Lease Expires:
Lease Option:
NNN:
 
Financing Information
Down Payment: 695000
Owner Will Carry:
Other Finance Terms:

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