liquor Store

liquor Store

Available

$600,000.00

Listing Number :

 3929

Status :

Expired

Price :

$600000

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Description

High volume store in a rapidly improving neighborhood is up for sale. Tons of new residential construction within blocks of this store. There is word that Oakland As maybe building their new stadium a few min away from this business. The dynamics of this neighborhood are improving and this will become a prime spot in Oakland in a few years.Currently the business does 135K/month in sales. In addition to that it makes about 6-7K/month from lotto and ATM income. The rent is only $7,500/month. Hours of operation are 6 am to midnight. The current owner takes home 300K/yearBuyer will need about 450K plus in down payment and great credit to qualify for SBA loan. Call broker for details. #3929

Business Information Financial Information
Ownership Type:  Sole Partnership
Year Established:
Year Purchased:
Business Type: Liquor Store
License(s) Required: Business, Heath, ABC
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: N/A
Broker To Broker CoOp:  No
Office Listing Number: 3929
Date Available: 2/5/2020
Reason For Sale:
Annual Total Revenue: 1620000
Annual Net Income:
Inventory:
Monthly Payroll:
Lease Information
Base Rent: 7500/m
Lease Expires:
Lease Option:
NNN:
 
Financing Information
Down Payment: 600000
Owner Will Carry:
Other Finance Terms:

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