Address: Richmond, 94804.
Status: Active
Posting ID: 273909
11/19/22
$749,000
Asking Price
Description
Established in 1981, This corner store is under the same ownership for the last 41 years. Situated on a corner lot in a two-story structure. The ground floor is occupied by the Grocery Market with 3bd/1bth apartment unit on the upper level generating nice rental income. Ideally located at a walkable distance for the local residents. The current owner is not running this business at its full potential. Business hours are very short. Buyers could take benefit of this untapped potential by stretching business hours, adding adequate inventory, and introducing fresh food and produce based on local demand. The rental unit is at below-market rent. A large vacant lot on the back and side provides a huge opportunity for future redevelopment (check with the City of Richmond).
Equipment Included: Cash Register, Walk-In Cooler, reach-in Coolers, Ice cream freezer, Gondola shelving, large storage area, and Much More. A full list of equipment is available with the Listing Broker.
General Information:
Organization: Sole Proprietorship | Bldg. size: ~2,482 Sq. Ft., Lot size: ~6,250 sq. ft. |
Licenses Required: City Bus Lic, Health Permit, Sellers Permit, ABC Type-20 Beer & Wine Lic. (Included & Transferable) Tobacco Lic. | Operating Hours: 8:00 am to 8:00 pm Tue Sun (Mon closed) | Reason for Sale: Retirement
Revenue:
Gross Sales: ~$20,000/m plus rental income $1,100/m. Possibility of getting higher rental income.
Financing:
SBA Loan is doable for an eligible buyer with a 25% down payment
All information contained in this document resulted from representations by Seller. Mission Peak Brokers, Inc. and its agents can not and will not verify the accuracy or completeness of any information. Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process.
To get more information about this C-Store, Beer Wine License, Rental, Real Estate business for sale in Richmond, Contra Costa County please phone Harry Sidhu, CBB, CBI (Intermediary, ProBuySell Member, Broker - BRE License #:01433114) at 510-490-9705 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #273909 on BizBen.com. In addition to phoning Harry Sidhu, CBB, CBI, make sure you email Harry Sidhu, CBB, CBI above to get more info about this C-Store, Beer Wine License, Rental, Real Estate, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01433114. Mission Peak Brokers, Inc..
Contact
Details
Asking Price: $749,000
Down: Call / Email
Cash Flow: Call / Email
Revenue: Call / Email
Area: Richmond, Contra Costa County
City: Richmond
Attributes:
My Notes About This Listing
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Revenue
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Cash flow
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Revenue
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Down
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Posting: 273909 | Available | 11/19/22
Established in 1981, This corner store is under the same ownership for the last 41 years. Situated on a corner lot in a two-story structure. The ground floor is occupied by the Grocery Market with 3bd/1bth apartment unit on the upper level generating nice rental income.
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Cash flow
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Revenue
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Down
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Cash flow
$N/A
Revenue
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Down
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Cash flow
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Revenue
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Down
$
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Cash flow
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Revenue
$N/A New Franchise
Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
$Call/Email
Revenue
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Down
$
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Cash flow
$Call/Email
Revenue
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Down
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Cash flow
$Call/Email
Revenue
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Down
$Call/Email
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
$
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Cash flow
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Revenue
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Down
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Asking Price
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
$
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Asking Price
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Cash flow
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Revenue
$N/A New FRanchise
Down
$Send Form
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Cash flow
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Revenue
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Down
$
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Asking Price
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Cash flow
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Revenue
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Down
$
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
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