$349,000.00
Asking Price
Address: San Francisco,
Status: Active
Posting ID: 277866
4/9/24
Description
This is a long-time established liquor store for sale. It has a very clean wooden shelves including a camera system. Nice and safe neighborhood area with heavy traffic. There are two bars locations in the same block including a pizza Place, Two Taquerias, sushi bar, hospitals, schools, and it's a residential areas. The current owner wants to retire from the retail business.
There is huge potential with a new owner especially adding delivery options such as DoorDash. The store needs only one person to run it at every shift. It is easy to handle the cash register and stock the shelves at the same time. This does not include the lottery and the ATM machine profits.
The business store hours are currently Sunday - Thursday from 9 am - 10 pm, and Friday - Saturday from 9 am - 11 pm. The new owner could use the previous hours to be 8 am - 12 am, and weekends from 8 am - 2 am. Monthly sales are $55,000- $65,000 (lottery + ATM not included). The combined net profit is $1,500+/m. Rent is $5,500/m and payroll is $4,000 (could be less). It has been in business for over 30 years. The estimated monthly net is $15-18K. The profit margin is very high, averaging 50% - you can come and check in-person as well.
To get more information about this Liquor Store With Groceries - Long Established business for sale in San Francisco please phone Tarik - Owner, Seller at 510-684-6523 Cell and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #277866 on BizBen.com. In addition to phoning Tarik - Owner, Seller, make sure you email Tarik - Owner, Seller above to get more info about this Liquor Store With Groceries - Long Established, to ask any questions or request an appointment to see this business for sale. Thank you.
Contact
Details
Asking Price: $349,000.00
Down: N/A
Cash Flow: $180,000.00
Revenue: $720,000.00
Area: San Francisco
City: San Francisco
Attributes:
My Notes About This Listing
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Revenue
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Down
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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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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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