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For Sale: Liquor Store - San Francisco

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Current Status: Active     Posting #: 249373     Last Refreshed: 5/14/19    
Contact: Rishi Anand At 510-815-9825  -  Also Email This Contact Below
Price:  $689,000     Down:  $350,000     Adjusted Net:  $375,000     Revenue:  $1,300,000    
Business Address:  None Given     City:  San Francisco     Zip:  None Given    
Attributes:  Training & Support, Owner Financing     Cooperation With Brokers?  Call

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  Description About This Posting: Liquor Store
High Volume Liquor Store for Sale in San Francisco, CA. Seller is willing to carry with sizable down payment.

Amazing opportunity to own a very high volume store in San Francisco with tremendous upside! Huge profits and business will only go up with a dedicated and new owner. Tobacco License is fully transferable.

Seller has owned the Business for 35+ years! He is ready to retire.

Square footage: 3,000 sq ft
Hours: Mon - Sat (9am to 12am) Sun (9am to 10pm)

Price: $689,000
Inventory (est) - $125,000 (not included in the asking price)

Sales:
Monthly Sales: $120,000+ @ 36% Margin
Lotto Income: $4,000/mo

Expenses:
Rent - $6,250/mo (15 year lease, increases after 5 years)
Utilities - $2,000/mo
Payroll - Currently Family Run
Misc: $1,000/mo (insurance, telephone, etc)

Net profit or cash flow;
$30,000/mo to $40,000/mo (depending on your payroll)

Lease:
10+5

Disclaimer:
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. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records.

To get more information about this Liquor Store business for sale in San Francisco please phone Rishi Anand (Intermediary, Agent) at 510-815-9825 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #249373 on BizBen.com. In addition to phoning Rishi Anand, make sure you email Rishi Anand above to get more info about this Liquor Store, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

  Related Links And Information Regarding This Posting
Notes
My Posting Notes


  Helpful Resources To Assist In Selling And Buying California Businesses

Mike Brewer: Liquor License Brokers, ABC Consulting Services

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.

Jim Saxton, Liquor License Broker & Consultant - SF Bay Area

With over 20 years experience of local governmental requirements, such as Police Departments, Zoning / Planning Departments, and ABC District Offices, my company Liquor Licenses of San Francisco Bay Area is very qualified to resolve all of your concerns during the liquor license transfer process.

Peter Siegel, MBA - SBA Loans, Non SBA Financing Assistance

For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.

Ranvir S. Sandhu, Esq. - Legal Services For Buyers And Sellers

I've worked at top Bay Area law firms and have extensive experience with business entity formation, mergers, dissolutions, conversions, employment matters, including experience in reviewing and negotiating transactional documents such as leases and purchase agreements.

Diane Boudreau-Tschetter: Escrow And Bulk Sale Services

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.

Janet Carrera - Escrow & Bulk Sale Services - SF Bay Area

Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.


  Related Articles, Events, Blog Posts, Discussions, Videos, Interviews

Successful Liquor Store Buyer: Shares Liquor Store Buying Tips With BizBen

Buying a liquor store can present some major challenges to buyers - a recent client on the BizBen ProBuy Program relates to Peter Siegel, MBA what the major challenges may be when searching for and buying a California liquor store business. Read what other Liquor Store advisors have to say as well!

When Buying A Liquor Store - Is Location Important? Many Items Factor In

Does Location matter when purchasing a liquor store? Some experts believe that while it is still important, location is not as important in the liquor store as it is with other businesses. Peter Siegel, MBA (BizBen ProBuy Program & Liquor Store Financing Expert) at 866-270-6278 discusses this topic.

3 Tips for Increasing Profitability When Buying A California Liquor Store

When on your search to buy a liquor store business, consider additional ways that you may use the location to generate additional revenue streams. Peter Siegel, MBA (Liquor Store Purchase Financing, ProBuy/ProSell BizBen Programs) at 866-270-6278 discusses buying California liquor store strategies.

Liquor License Assistance - SF Bay Area - Jim Saxton

Jim Saxton - 20 years experience of local governmental requirements, such as Police Departments, Zoning / Planning Departments, ABC District Offices, my company Liquor Licenses of SF Bay Area is very qualified to resolve all of your concerns during the liquor license transfer process. 925-787-0770.

Buying A Business: Why Is It Important To Look At Its Tax Filings?

Business tax filings are very important factor in determining the credibility of business financials. Just seeing those financials, you can't determine whether those values are overstated or not. Some business owners provide made up financials to buyers - so, that's where tax fillings come in.

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