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California
Name: Raman Singh
Phone: Show phone number
Name
Raman Singh
Phone
Show phone number
Zoning:
Commercial
Posting ID:
292895
Business Category:
Retail, Automotive & Vehicle
Business Types:
Gas Station
Keywords:
Kern, Sacramento, Stanislaus, california, gas station, convenience
Attributes:
Broker Cooperation
Real Estate Included
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Liquor Grocery And Food - Well Established
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MS Real Estate Inc. is pleased to present a compelling opportunity to acquire a liquor and food store business in the burgeoning Irvington district of Fremont, California. Established in 1994, this business has been under the current owner's management since 2024. The store is strategically located on one of the most trafficked streets in the vicinity, which is advantageous due to its high visibility and substantial foot and vehicular traffic. Currently, the store provides a diverse selection of products, encompassing liquor, food items, tobacco, and various grocery essentials. The seller seeks to transition into other business pursuits and is eager to find a successor who can take the operation to new heights. This presents a unique opportunity for proactive operators with significant growth potential. PRINCIPALS ONLY! Listing Details: • Square Footage: 1,600 • Lease Expiration: September 30, 2027 (Renewal option for an additional five (5) years available) • Monthly Rent: $4,162.00 month. • Operating Hours: 9 AM to 11 PM. • Employees: 2 • Inventory: $140k-$150k, not included in the asking price. Revenue: • The seller claims store sales are between $ 30,000 and $ 40,000 per month. The broker hasn't verified • Lottos are sold for around $20k per month. For some reason, no tax returns or profit and loss statements (P&Ls) are available. The buyer should conduct their due diligence to satisfy the financial contingency. Financing: All Cash The Seller has provided all the information in the offering memorandum, but MS Real Estate Inc., the listing broker, has yet to verify it for accuracy or completeness. Therefore, it is the responsibility of both the Sellers and Purchasers to verify the information themselves. MS Real Estate Inc. strongly recommends that you seek the help of legal and financial advisors to help you with this process.
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