LIQUOR AND CONVENIENCE STORE

Work with Jack, The No-Pressure Agent

Price: $499,000

Status: Pending

Status: 4076

Status: Oakland

ABSENTEE RUN BUSINESS MAKING $1,200,000 GROSS INCOME!

This is a well established Liquor & Convenience Store located in a well populated city close to Bart Station on a 2,800 sq. ft. space. There is a on going project to build 3,000 more units across the street from this Liquor Store. Seller claims his gross monthly Sale is about $100,000, plus extra monthly income of $2,300 from ATM, Coin machine brings $600 and $4,000 from the Lotto Sale. Rent is $8,450 a month including NNN. Lease expires 2024 with 2 x 5 years option. There are 3 x full time employees with $12,000 a month payroll.

BUSINESS DETAILS

Ownership Type:

Sole Proprietorship

Year Established:

Year Purchased:

Business Type:

Wholesale Distributors

License(s) Required:

Business, Health, ABC, Tobacco

Hours of Operation:

Mon-Sun 6:30am-11pm

Business Relocatable:

No

Franchise:

No

Home Based:

No

Broker to Broker Co-Op:

No

Date Available:

01/20/2022

Reason for Selling:

Partnership Issues

BUSINESS FINANCIAL INFORMATION

Annual Total:

$1,200, 000

Base Rent:

$8450/mo.

Down Payment:

Revenue:

Lease Expires:

2024

Owner Will Carry:

Annual Net Income:

Other Finance:

Terms:

Inventory:

$200,000

Lease Option:

2 x 5 years option

Monthly Payroll:

$12,000

NNN:

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Work with Jack, The No-Pressure Agent