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For Sale: Liquor Store - High Margins, Owner Retiring - San Jose, Santa Clara County


Current Status: Active     Posting #: 268506     Last Refreshed: 7/11/21    
Contact: AK Babbar At 408-464-0015 Cell , 408-464-0015 Text  -  Also Email This Contact Below
Asking Price:  $799,000     Down Payment:  $550,000     Annual SDC:  $360,000     Annual Gross:  $1,440,000    
Business Address:  None Given     City:  San Jose     Zip:  None Given    
Attributes:  Semi-Absentee Run, Training & Support, Owner Financing
SELLER
Asking Price: $799K + Inventory
Cash Flow: $28K - $30K/month.

Seller will finance up to 40% of the business
Seller works 3-4 hours per day - Retiring

REVENUE
Sales: $120K/mo. (avg.)
Margin: 33% (avg.)
Lotto Commission: $8K-$9K/mo.
Water Service: $1K/mo.

EXPENSES
Rent: $8.9K plus NNN = $11K/mo. -- Lease 5 + 5 -- 3,000 sq.ft.
Employee: $5K/mo.
Insurance: $200/mo.
PG&E: $1.7K/mo.
Trash: $0/mo.
Water: $0/mo.

STORE HOURS
Opening Hours: 9am 11pm (Mon. to Sat.), 9am 8pm (Sun.)

To get more information about this Liquor Store - High Margins, Owner Retiring business for sale in San Jose, Santa Clara County please phone AK Babbar (Intermediary, Agent - BRE License #:01856156) at 408-464-0015 Cell and 408-464-0015 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #268506 on BizBen.com. In addition to phoning AK Babbar, make sure you email AK Babbar above to get more info about this Liquor Store - High Margins, Owner Retiring, to ask any questions or request an appointment to see this business for sale. Thank you.


Email AK Babbar Below About This Posting




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For Best Results & Response, Email & Phone This Contact: AK Babbar at 408-464-0015 Cell and 408-464-0015 Text.
Buying A Liquor Store
Why Is A Business Kept Confidential





Featured Fast Track Postings: Motivated Owner/Sellers & Business Buyers

For Sale: Liquor Store - High Lotto Commission, Profitable In San Jose, Santa Clara County, California
Contact: Prabhjot Randhawa: 209-815-3842 Cell, 209-815-3842 Text
Status: Active  Posting #: 269031  Refreshed: 7/22/2021
Asking Price: $899,000  Down Payment: $400,000  Annual SDC: $250,000  Annual Gross: Call
Attributes: Training And Support
Fast Track Posting A high volume Liquor store in a shopping center with plenty of parking. Great potential to increase the sale by doing product shuffle and increasing business hours. Current Business hours are 8 a.m. to 11 p.m. Seller Claims: Gross Sale $135K/month at 30% margin, Rent is $5,100/month including NNN, Lotto/ATM commission $5,700/month, The current inventory is about $200,000 to $250,000 which is not included in the asking price.
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