This popular liquor & Grocery store with Deli is located in a residential neighborhood. Established around 1945, this corner store with Liquor License & Deli is known for its hearty deli sandwiches with a fan following throughout Bay Area. Highly popular store with very high foot traffic. One of the busiest Delis in San Francisco. Walk-in cooler and storage space in the basement area. Inventory of approximately $80,000 is not included in the asking price. Approximately 75% sales from Deli Section.
Equipment: Walk-in cooler, 8 door Reach-in cooler, Deli refrigerator, Deli Case, Oven, Sandwich prep, Security system with DVR, and much more. A full list of equipment is available with the Listing Broker.
General Information:
Organization: Corporation | Square Footage: ~2400 sq. ft. (including basement) | Licenses Required: City Bus Lic, Health Permit, Sellers Permit, ABC Type-21 Liquor Lic. (Included & Transferable) | Hours: 7 am to 8 pm | Reason for Sale: Other Business Interests |
Lease Information:
Rent: $5,500/month gross fixed until 2025 and 2% yearly increase thereafter.
Lease Term: Current term expiring Oct 16th, 2030 plus 10-year option.
Revenue: ~$125,000/Month plus
(As per Seller. Not verified by Broker)
Financing: SBA/All Cash
All information contained in this document resulted from representations by Seller. Our broker 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 Liquor And Grocery Store With Deli - Established business for sale in
San Francisco please phone Harry Sidhu, CBB (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 #268019 on BizBen.com. In addition to phoning
Harry Sidhu, CBB, make sure you email Harry Sidhu, CBB above to get more info about this
Liquor And Grocery Store With Deli - Established, to ask any questions or request an appointment to see this
business for sale. Thank you. License # 01433114. Mission Peak Brokers, Inc..
Related Links & Information Regarding This Posting
Very popular San Ramon Breakfast Lunch Bakery cafe established 2011. Price has been reduced for sale as asset sale without the name or can be purchased with the name. Huge price reduction! Motivated In 2021 the Cafe is open 5 days a week for breakfast and lunch. Annualized sales and net income based on April- June 2021. Sales: $718,732. Net Income: $153,800.
Attributes: Broker-Broker Coop, SBA Loan Pre-Qualified, Training And Support
Deli local gem since 1977. Known for selling specialty sandwiches using local and imported meats and cheeses. Classic place, full of handpicked imported goods from Italy and the Mediterranean. Grocery section includes specialty imported and domestic items. Monthly gross sales. Monthly rent $3,500.
The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Buying a liquor store? First, ask yourself these three critical questions to find out if owning a liquor store is right for you. Questions like hands on vs absentee ownership, inventory turnover, licensing issues. Peter Siegel, MBA (BizBen ProBuy & ProSell Program Lead Advisor) explores this topic.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
Buying a business? Need financing? For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory/loan placement services with SBA Loans, Non SBA Financing. Call me today business purchase financing & to get pre-qualified before you buy or sell: 925-785-3118.
Buying a small business is an often arduous process. Peter Siegel with BizBen.com shares his strategies on this new Podcast session with Brian Loring who asks all the current & essential questions successful business buyers tend to ask and get answered before buying a small to mid-sized business.
Peter Siegel, MBA - BizBen Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small business in the California marketplace.
An often overlooked aspect of selling (or buying) a small business is taking back-up offers during the entire process of selling (or buying) a business. Most sellers (or buyers) don't realize that over fifty percent of all deals/contracts fall out escrow or contract for one reason or another.
Liquor license brokerage and consulting services. We provide: Alcohol License Transfers Application Consulting & Processing, Liquor License Purchases & Sales, City Zoning Permits & Land Use Entitlements, Public Convenience or Necessity Findings and Letters. Phone Mike Brewer direct at 800-437-1100.
Recently a business owner asked me on the phone, "Why do you keep the sale of a business confidential? How do you keep the sale confidential - any good tips?" Multiple Advisors weigh in on this subject. What would be your answer to this business owner? ProIntermediaries on BizBen discuss this topic.
Very popular San Ramon Breakfast Lunch Bakery cafe established 2011. Price has been reduced for sale as asset sale without the name or can be purchased with the name. Huge price reduction! Motivated In 2021 the Cafe is open 5 days a week for breakfast and lunch. Annualized sales and net income based on April- June 2021. Sales: $718,732. Net Income: $153,800.
