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For Sale: Liquor Store - Real Estate - Merced

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Current Status: Active     Posting #: 226127     Last Refreshed: 8/27/19     BRE License #: 01719546    
Contact: Narinder Singh At 916-240-4700  -  Also Email This Contact Below
Price:  $650,000     Down:  $200,000     Adjusted Net:  $125,000     Revenue:  $550,000    
Business Address:  None Given     City:  Merced     Zip:  None Given    
Attributes:  Training & Support, Real Estate Included     Cooperation With Brokers?  No

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  Description About This Posting: Liquor Store - Real Estate
Well established & oldest liquor store with real estate for sale in merced surrounded by apartments and houses. Current owner owned it for more then 14 years. Monthly sale is around 45,000 and very high gross profit per month. Store sales were much higher but due to some financial hardship owner cannot add inventory and lost lotto- lottery. New owner can add bill payments, and other money making items. The store size is very big around 3400 square feet and completely remodeled in 2011 with all new equipment. This store has lot of possibilities of improvement by adding check cashing, Mexican grocery and wic. The current owner wants to sell due to health issues and financial hardships.

Asking price is $650,000 plus inventory and needs $200,000 and rest sba financing is available to the qualified buyers with down payment.

Please send nda to have more information.

To get more information about this Liquor Store - Real Estate business for sale in Merced please phone Narinder Singh (Intermediary, Agent - BRE License #:01719546) at 916-240-4700 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #226127 on BizBen.com. In addition to phoning Narinder Singh, make sure you email Narinder Singh above to get more info about this Liquor Store - Real Estate, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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  Helpful Resources To Assist In Selling And Buying California Businesses

Harry Sidhu, CBB, Broker: SF Bay Area, Central Valley, SAC Region

Assisting both sellers and buyers of businesses - dealing mainly with Liquor Stores, Grocery Markets, Gas Stations, Smoke Shops, Restaurant Related, Retail Related, Service Related. Serving SF Bay Area, North Bay, Sacramento area. Call Harry Sidhu, CBB for assistance at 510-366-6130.

Mike Brewer: Liquor License Brokers, ABC Consulting Services - California

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.

Diane Boudreau-Tschetter: Escrow And Bulk Sale Services - California

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.

Joe Sandbank, Esq: Legal Services For Buyers, Sellers, Brokers - Throughout California

I have provided legal counsel to business buyers, sellers and brokers for over 17 years. With prior experience as a business broker and SBA loan officer, Joe brings both a practical and legal approach to all aspects of the business acquisition process. Please phone 916-672-8018 for more info.

Willard Michlin, CPA, Certified Fraud Examiner, Due Diligence Services - California

Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.

Elizabeth McGovern: Escrow Services - San Francisco Bay Area

McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.


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