Profile: Well Established Liquor Store And Real Estate In A Great City Eureka.
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Ad/Listing Information
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Contact Information |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$950,000 |
| Down Payment: |
Call |
| Annual Revenue: |
Call/Email |
| Annual Adjusted Net: |
Call/Email |
| Price Range: |
$500,001 to $1 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
Yes |
| Bkr To Bkr Coop: |
Yes |
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Description:
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Liquor Store For Sale In Eureka
Rush…. Rush…… Rush……. For A Great Opportunity!
Well Established Profitable Liquor Business For Sale With Real Estate In A Prime Location Of Eureka. There Is A Lot Of Room For The Expansion And To Make More Money. This Is A Great Opportunity For The Investor Who Wants To Run By Employees Or Family Run Business.
Call For Further Details Krishna At 510-414-6443
Asking Price 950,000.00 Plus Inventory Lot Is 12,000 Sft. 3 Independent Units Unit 1 Business Building Area (Approx) 2600 Sft App Unit Ii 4 Bed Room (Rental Unit) And Unit Iii 2 Bed Room ( Rental Unit)
Open 6 AM To10.00 PM Monday To Friday And Up To 11 PM On Saturday And Sunday. New Owner Can Extend More Hours
Financial Statement:
Gross Sale 58,000.00 @35% 20,300.00
Income From Atm 100.00
Lotto Sale 6750.00@8% 540.00
Income From Money Order 100.00
Phone Card 2000 @10% 200.00
Rent From The Units 2,650.00
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Gross Profit 23,890.00
Expenses
Property Tax 530.73
Utilities 1618.00
Repairs And Maintenance 808.30
Taxes And License 1659.80
Office Expenses 56.50
Insurance 580.60
Accounting 100.00
Miscellaneous 500.00
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Total Expenses 5,853.30
Gross Profit 23,890.00 – Expenses 5,853.30 = Net Profit 18,036.70
We Did Not Calculate Employee Pay Role And Mortgage Expenses. The New Owner Can Decide If They Want To Run By Employees Or Not. However If The Barrower Puts 30% Down Payment I.E. 285,000 The Loan Amount Will Be 665,000 With Interest Rate Of Prime +1 I.E. 8.75( For The SBA Loan ) The Payment Will Be 5,467.30 P&i ( Interest 4,849.00+ Principle 618.30) For 30 Years Of Amortization.
We Don’t Provide Any Furhter Information Over The Telephone. Please Sign Nda The We Will Set Up An Appoitment
The Lisiting Broker Is Willing To Render Loan Services If The Buyer/ Buyer Agent/ Buyer Broker Wants Loan Services
Note: Drive By Only. Please Do Not Talk To Employees. This Information Has Been Obtained From Sources Believed Reliable. We Have Not Verified It And Make No Guarantee, Warranty Or Representation About It. We Strongly Advise To Verify This Information Upon Acceptance Of The Offer.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Krishna Gajjala, Broker at 510-414-6443 |
See All Our Other Businesses For Sale We Have Available
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