Profile: Liquor Store & Property With Apartments. Corner Location.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$1,425,000 |
| Down Payment: |
Negotiable |
| Annual Revenue: |
Call/Email |
| Annual Adjusted Net: |
$160,000 |
| Price Range: |
$1 Million to $2 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
Yes |
| Bkr To Bkr Coop: |
No |
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Description:
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Fantastic Business With Property For Sale. Liquor Store + 2 Apartments + Retail Rental. Hardly Any Liquor Store Competition. Very Busy Street With Corner Location.
Income From Multiple Sources.
Liquor Store Monthly Income -
Sales: ~50,000 +
Margin: ~ 30%
Income Also From Scratchers, Check Cashing, Western Union And Lottery Commissions - ~ 700/Month
Liquor Store Monthly Expenses -
Rent: 0 (Property Is Owned)
Electric: ~ 1,000
Insurance: ~ 200
Telephone: ~ 100
Misc: ~ 450
Size Of Store: ~ 1,200 Square Feet
Very Limited Hours ~ 8:30am To 10:00pm. Sundays Close At 9:00pm
Unit 1) 2 Bedroom & 1 Bath Apartment Rents At 1,000
Unit 2) 3 Bedroom & 1 Bath Apartment Rents At 1,300
Unit 3) Retail Unit On Ground Floor Rents At 800
Property Tax ~ 15,000 For Buyer + Insurance.
Building Is Approximately 4,100 Square Feet. Built In 1910. Historic Union City District.
Liquor Store Has A Walk In Cooler.
Type 21 Off Sale Liquor License.
Asking 1,425,000 For Business And Property.
Inventory Is Not Included In Asking Price.
Owner Will Respond Quickly To All Offers.
Come And See The Store. Call Or Email For More Information.
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While We Believe The Information Is True And We Believe It Has Been Obtained From Accurate Sources, All Information Has Not Been Verified. All Interested Parties Should Verify The Information To Their Own Satisfaction. Broker Is Not Responsible For Inaccuracies In Information. All Interested Parties Should Verify The Information To Their Own Satisfaction.
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