Liquor Store

Liquor Store

Available

$549,000.00

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Listing Number :

 3742

Status :

Expired

Price :

$549000

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Area

3000

Description

Profitable high net store at low rent of $2300/mo for a 3000 sq.ft size in a nice area by the air force base. Seller Claims: Gross Annual Sales of $610,000 out of which $21,000/mo is Lotto Sales, Owner operator Net is about $216,000 a year. Inventory is around $200,000 and is negotiable. owner is willing to finance for a qualified buyer. Average Margin is 35%. Store has a full kitchen from previous business which was a restaurant. New buyer is able to use the kitchen and add food service for extra income.

Seller has been running this business for the last 17 years and now has other business interests.
For more info please call the Agent at 925-580-2262
3742
Business Information Financial Information
Ownership Type:  Partnership
Year Established: 40 years ago
Year Purchased: 2002
Business Type: Liquor Store /Mart
License(s) Required: Business- Tobacco
Hours of Operation: M-F10am-mid Sat/Sun 10-2am
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3742
Date Available: 07/17/2019
Reason For Sale: Other Interests
Annual Total Revenue: 610000
Annual Net Income: 216000
Inventory: 200000
Monthly Payroll:
Lease Information
Base Rent: 2300
Lease Expires:
Lease Option:
NNN:
 
Financing Information
Down Payment: 449000
Owner Will Carry:
Other Finance Terms: 100000 seller willing to finance with collateral

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