$669,900.00
Asking Price
Address: Near I-680/SR-4 Interchange,
Status: Active
Posting ID: 289667
1/28/25
Description
MS Real Estate is thrilled to announce a profitable Liquor & Cigarette store now available in one of the affluent areas of Contra Costa County, California, neighborhoods. Established in 2012, the business has been a thriving operation ever since. The store carries a variety of hard liquor brands and tobacco products. The owner, who has successfully managed the business, is now ready to pass on this successful operation to the new owners to take it to the next level. This liquor store boasts a steady stream of customers, a testament to its prime location and the solid foundation it provides for its stability. The current ownership has established a successful business and laid the groundwork for further growth. This presents a unique opportunity for someone to take over a profitable operation and take it to the next level. Big-name entities anchor it. PRINCIPALS ONLY!
Listing Details:
* Square Foot: 1508 | 11 Door Cooler | Ample Parking.
* Rent: $4052.66 per month | 3 % Annual increase.
* Lease: Expiration- 8/2032 | Two (2) Options to renew for five (5) years are available.
* Employees: 3 part time.
* Hours: 9AM–10PM (Sunday 10-9 PM)
* Licenses & Permits: 21-Liquor License | Business License | Health Permit, All Transferable.
* Inventory of around $150K is not included in the asking price.
* Reason For Sale: Time management is due to other business commitments.
Revenue:
The store's monthly sales are consistently high, ranging between $100k+ without a lottery, with additional lottery sales of around $30-$35k. This consistent revenue stream is a testament to the store's profitability and potential for growth under new ownership.
Total Gross 2023- $1,612,043 | Total Gross 2022- $1,286,72
The 2023 gross sales number is high due to a surge in e-cigarette sales during that period. Although the current ownership has decided not to carry them, incoming ownership can explore selling e-cigarettes again to replicate this success potentially.
Financing:
All Cash. | To proceed with the purchase, potential buyers must provide proof of funds and sign a Non-Disclosure Agreement (NDA) and buyer profile form to ensure the confidentiality of the business details.
The Seller has provided all the information in the offering memorandum, but Manjit Singh, 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 strongly recommends that you seek the help of legal and financial advisors to help you with this process.
To get more information about this Liquor Store - Absentee Owned, 1 Mil Per Year business for sale in Contra Costa County please phone Manjit Singh, Business Broker (Intermediary, Agent - BRE License #:01291808) at 510-417-9429 Cell and 209-627-0075 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #289667 on BizBen.com. In addition to phoning Manjit Singh, Business Broker, make sure you email Manjit Singh, Business Broker above to get more info about this Liquor Store - Absentee Owned, 1 Mil Per Year, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01291808. Manjit Singh | Broker | 01291808 |.
Contact
Details
Asking Price: $669,900.00
Down: Call/Email
Cash Flow: Call/Email
Revenue: Call/Email
Area: Contra Costa County
City: None Given
Attributes:
My Notes About This Listing
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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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