Liquor Store For Sale - Morgan Hill, California
Ad/Listing Information
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| Status: |
Off The Market |
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| Location: |
Santa Clara |
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| County: |
Santa Clara |
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| City: |
Morgan Hill |
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| Financial Information |
Detailed Information |
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| Price: |
$450,000 |
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| Down: |
$200,000 |
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| Revenue: |
$900,000 |
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| Adj. Net: |
Call/Email |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Coop: |
No |
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| Franchise: |
No |
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| For Sale By Owner: |
No |
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| Asset Sale: |
No |
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| Lifestyle: |
No |
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Description Of This Santa Clara Liquor Store Business For Sale:
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Sale : - 70- 75 K Month @ Margin 25 % ( 18,750 )
Inventory 150,000 Is Not Included In The Asking Price.
Rent :- 4,800+ 600 Nnn(Total Rent 5400 ) It Will Stay The Same For 5 Years.
After 5 Years Rent Can Be Negotiated
Sq:- 3000
Lease :- 10 Years
Bus. Hr. 7 Am-Midnight
1 Employee :- 2000 Payroll
Pg&e Average: - 1000
Seller Doesn't Want To Carry Inventory.Buyer Should Have Proof Of (30%) 200,000 Down
Payment . Before Any Information Released.
Sba Loan Approved If Buyer Is Strong Financial Background.
Expense:- Rent 5400 Loan Payment 3100 Employee:- 2000 Pg&e :- 1000
Total Expense:- 11,500 Profit :- 18750- 11,500 = ( 7K-8 K Net Income)
Buyer Has This Store From 6 Years.
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