Loading…

For Sale: Liquor Store - High Volume, High Net Income - Redwood City, San Mateo County, California

$850,000.00

Asking Price

  • Address: Redwood City,

Description

A high volume Liquor store in a shopping center with plenty of parking. The store is 2,600 sq. ft in size. Great potential for an owner-operator.

Seller Claims: Net Sale $125K/month (without Lotto and Sales Tax) at 30% margin, Rent is $7,500/month including NNN, Lotto/ATM commission $3,500/month, The current inventory is about $250,000 to $300,000 which is not included in the asking price.

The buyer must have $450,000 in seasoned cash and excellent credit to qualify for the loan.

Please complete and return the attached confidentiality agreement to get the address and more details.

Disclaimer: The buyer is encouraged to take the necessary steps to conduct due diligence before committing to the transaction. This information has been provided by the seller of the business and has not been verified by the listing agent/broker. This information is subject to errors and omissions in price, projections, opinions, assumptions, future estimates, and other conditions such as lease or financing, or changes or withdrawal without notice. Potential clients/buyers are advised to seek professional help from their accountants and attorneys before purchasing or investing in a business/property.

To get more information about this Liquor Store - High Volume, High Net Income business for sale in Redwood City, San Mateo County please phone Prabhjot Randhawa (Intermediary) at 209-815-3842 Cell and 209-815-3842 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #269989 on BizBen.com. In addition to phoning Prabhjot Randhawa, make sure you email Prabhjot Randhawa above to get more info about this Liquor Store - High Volume, High Net Income, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01355674. Liberty Business Advisors Of San Francisco, Inc..

Show more

Contact

  1. Name: Prabhjot Randhawa
  2. phone iconPhone: 209-815-3842 Cell
  3. phone iconPhone: 209-815-3842 Text

Details

  1. Asking Price: $850,000.00

  2. Down: $450,000.00

  3. Cash Flow: $225,000.00

  4. Revenue:    $1,500,000.00

  1. Area: Redwood City, San Mateo County

  2. City: Redwood City

  1. Attributes:

    Financial AssistanceTraining & Support

My Notes About This Listing

1000 Character Limit. Write notes about this posting above. Just a reminder, your changes are not saved until you click the Save My Changes button.
Related Links & Information Regarding This Posting

Email Prabhjot Randhawa Below About This Posting


Today’s Featured Businesses, Franchises, Opportunities For Sale On BizBen

Featured Resources, Advisors, & Intermediaries

Popular Blog Posts & Articles On BizBen Today

Popular Discussion Posts On BizBen Today