$599,000.00
Asking Price
Address: Confidential,
Status: In Escrow
Posting ID: 278115
5/31/24
Description
For sale is a very busy liquor store with a bar and restaurant, a moneymaker. It features multiple operations with sales exceeding $80,000, and boasts very high margins. The store is in a great location within a shopping center. The price does not include an inventory valued at $180,000.
This well-established and very popular store has a loyal customer base. The seller claims an approximate income of $25,000 per month. A new owner could bring in fresh energy and capitalize on the business's potential to further increase sales and profitability.
Rent- $6,800/mo including NNN
Store - $5,000
Inventory- $100k
Lease - seller will help to get a new 10-year lease from the landlord with an option
Days and time- 10 am - 9 pm Mon & Wed, Thur-Sun 10 am - 10 pm, Tuesday closed
Sales - please call
Seller financing @6% p.a. interest, available with 300k down.
Reason for selling - seller has different business interests
Disclaimer: The information has been supplied to the broker by the seller. Broker expressly disclaims any liability for representations of warranties, expressed or implied, contained in such information, or for omissions from them. Broker believes the information to be correct but has not verified or checked it. Any agreement or decision by the buyer to pursue a transaction regarding this business should be based on further investigation by the buyer. Potential clients/buyers are advised to seek professional help from their accountants and attorneys before purchasing or investing in a business/property. The 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 inspection of all financial and other business records
To get more information about this Liquor Store - With Restaurant and Grocery business for sale in Contra Costa County please phone Din Sharma (Agent - BRE License #:01744678) at 707-365-9385 and 707-365-9385 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #278115 on BizBen.com. In addition to phoning Din Sharma, make sure you email Din Sharma above to get more info about this Liquor Store - With Restaurant and Grocery, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01744678. DDS Commercial Real Estate.
Contact
Details
Asking Price: $599,000.00
Down: $300,000.00
Cash Flow: Call/Email
Revenue: Call/Email
Area: Contra Costa County
City: None Given
Attributes:
My Notes About This Listing
Cash flow
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Revenue
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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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Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
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