Current Status: Active
Posting #: 274576
Last Refreshed: 6/27/22
Contact: Harry Sidhu, CBB, CBI At 510-490-9705 - Also Email This Contact Below
Asking Price: $325,000 Down Payment: $25-30%
Annual SDC: $94,328
Annual Gross: $700,313
Business Address: None Given City: Fremont Zip: None Given
Attributes: Broker-Broker Coop, Training & Support, SBA Loan Pre-Qualified
Established in 1993, this Liquor & Grocery store is a family-owned business located in central Fremont. Top-rated store with very high foot traffic. Easy ingress and egress with a wide-open parking lot. Ample space offers tons of upside potential for a buyer for expansion by adding more diverse merchandise and expanding business hours. The surrounding area is a mix of a commercial and dense multi-family residential neighborhood.
Equipment: 8-door Walk-in cooler, 13-door Reach-in cooler, 3-door freezer, Wine and Liquor Displays, Multiple shelving, and much more. A complete list of equipment is available with the Listing Broker.
General Information:
Organization: Sole Proprietor | Square Footage: ~2,000 sq. ft. | Licenses Required: City Bus Lic, Health Permit, Sellers Permit, ABC Type-21 Liquor Lic. (Included & Transferable), Tobacco License | Hours: M-F 8 am to 9 pm, S-S 9 am to 9 pm | Reason for Sale: Other Business Interests
Lease Information:
Rent: $6,556/month including CAM.
Lease Term: Current term expiring Sept. 29, 2028. Additional lease option possible for eligible buyer.
Revenue:
~$65,000/Month plus $53k/yr commission income (As per Seller. Not verified by the Broker).
Financing: All Cash/SBA financing
All information contained in this document resulted from representations by Seller. Mission Peak Brokers, Inc. 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 - Long Established business for sale in
Fremont, Alameda County please phone Harry Sidhu, CBB, CBI (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 #274576 on BizBen.com. In addition to phoning
Harry Sidhu, CBB, CBI, make sure you email Harry Sidhu, CBB, CBI above to get more info about this
Liquor And Grocery Store - Long Established, to ask any questions or request an appointment to see this
business for sale. Thank you. License # 01433114. Mission Peak Brokers, Inc..
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