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For Sale: Liquor Store - High Lotto Commission - South San Francisco

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Current Status: Active     Posting #: 252863     Last Refreshed: 6/10/19     BRE License #: 01433114    
Contact: Harry Sidhu, CBB At 510-490-9705  -  Also Email This Contact Below
Price:  $225,000     Down:  Call     Adjusted Net:  $140,000     Revenue:  Call    
Business Address:  None Given     City:  South San Francisco     Zip:  None Given    
Attributes:  Training & Support     Cooperation With Brokers?  Call
South San Francisco Liquor Store - High Lotto Commission Business For Sale

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  Description About This Posting: Liquor Store - High Lotto Commission
This Liquors Store is ideally located on corner location in down town South San Francisco. It is surrounded completely by residential housing, which will provide a constant flow of foot traffic. Originally established in 1988. For many years Deli section was part of the business. Current owners are not operating Deli since few years now. Deli equipment and Kitchen is still in place and buyer could benefit from this. This location is within 2 miles from hwy 101 and 4 miles from SFO international airport.

Equipment Include: 8-Door Walk-In Cooler, Gondola Shelving, Liquor/ Wine displays, Main Counter, Cash Register, Security Cameras w/ DVR & Monitor, 3-Compartment Sink, and Much More. A full list of equipment is available with the Listing Broker.

General Information:
Organization: Sole Proprietor | Square Footage: ~4000 sq. ft. | Licenses Required: City Bus Lic, Health Permit, SBOE, Tobacco Lic., ABC Type-21 Liquor Lic. (Included & Transferable) | Days Open/Hours: Monday - Thursday 8:30 am to 9 pm, Friday - Saturday 8:30 am - 10pm | Reason for Sale: Other Business Interests

Lease:
Rent: $7,880/Month (including prorated share of Landlords property tax)
Lease: 5 years remaining on seller's lease. Additional lease option possible subject to landlord approval.

Revenue:
Gross Sales: ~$50,000/Month (As Per Seller, Not Verified By Broker)
Lotto Commission $75,000/year

Financing: All Cash

Broker Disclaimer: We obtain the information in this marketing package from sources we believe to be reliable. However we have not verified its accuracy and make no guarantee, warranty and representation about it. It is submitted to the possibility of errors, omissions, change of price, rental or other conditions, prior to sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may bit represent current or future performance of the business & Property. You and your tax & legal advisers should conduct your own investigation of business property and transaction.

To get more information about this Liquor Store - High Lotto Commission business for sale in South San Francisco please phone Harry Sidhu, CBB (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 #252863 on BizBen.com. In addition to phoning Harry Sidhu, CBB, make sure you email Harry Sidhu, CBB above to get more info about this Liquor Store - High Lotto Commission, 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

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.

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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.

Mike Brewer: Liquor License Brokers, ABC Consulting Services

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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.

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.

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.


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