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  Home > Search Results > For Sale: Liquor Store

For Sale Liquor Store In San Jose, Santa Clara County, CA

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Contact: Harry Sidhu at 510-490-9705 - Log In To Message/Email This Contact
Last Revised: 9/10/19. Posting #: 251609
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Key Words: liquor, san jose, santa clara
Financial Info: Price: $199,000. Down: Call. Gross Sales: ~$50,000/month plus $17,000/year in Lotto & ATM Commission (As Per Seller). Adjusted Net Income: $130,711/year. Rent: $3,920/month (Including NNN). Lease Ends 2023, Additional Lease Option Possible. All Cash. SBA Loan Possible With 25% Down Payment.
Profile: Located on San Jose's most historic street that leads to the popular, SAP Center and also into San Jose's college town. This mini mart neighbors with a movie theater, luxury apartment complex, multiple coffee shops, fitness centers, and many more high-traffic businesses. Popular 'go-to' market that features a plethora of food, drinks and every day necessities. This mini mart is known for its cleanliness, fully-stocked shelves of American & European goodies, all of which contribute to the constant flow of business. With its positive customer rapport with millennials, convenient location and wide variety of items, this mini mart is constantly bustling with business from residents and visitors alike.

Equipment Included: Cash Register w/ POS System, 9-Door Reach In Cooler, Security Camera System W/DVR & Monitor, ATM Machine, Pepsi Cooler, Monster Cooler, Ice Cream Freezer, Gondola Shelving and Much More. A full list of equipment is available with the Listing Broker.

General Information:
Organization: Sole Proprietor | Square Footage: ~1,000 sq. ft. | Licenses Required: City Bus License, Health Permit, SBOE, Tobacco, ABC Type-21 (Included & Transferable) | Days Open/Hours: Sunday 9:00 am to 11:00 pm, Monday-Thursday 8:00am to 11:00pm, Friday & Saturday 8:00am to 12:00am | Reason For Sale: Other Business Interests

Lease:
Rent: $3,920/month (Including NNN) | Lease Ends 2023, Additional Lease Option Possible.

Revenue:
Gross Sales: ~$50,000/month Plus $17,000/year in Lotto & ATM Commission (As Per Seller, Not Verified by Broker) | Adjusted Net Income: $130,711/year.

Financing:
All Cash | SBA Loan Possible With 25% Down Payment.

For more details, please complete, sign and return the NDA (Confidentiality Agreement)

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 not represent current or future performance of the business & Property. You and your tax or legal advisers should conduct your own investigation of property and transaction.

Professional Resources & Contacts To Help You Close Your Deal!

Contact: Peter Siegel, MBA at 925-701-8064 X313, 925-785-3118 (Cell)   Log In To Message/Email This Contributor
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
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Contact: Jim Saxton at 925-787-0770   Log In To Message/Email This Contributor
Profile: 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, CA is very qualified to resolve all of your concerns during the liquor license transfer process.
Key Words: jim saxton, restaurant, restaurants, bar, bars, liquor license, liquor licenses, type 48, type 47
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Contact: Willard Michlin at 805-428-2063   Log In To Message/Email This Contributor
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
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Contact: Mike Brewer at 800-437-1100   Log In To Message/Email This Contributor
Profile: 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.
Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
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Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy

Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: In a case study involving hundreds of business buyers, owner/sellers, and business brokers, BizBenNetwork Founder Peter Siegel, MBA and BizBenNetwork Facilitator Manager Jordan Green's research determined the most effective strategies for successfully advertising a business for sale posting online.
Key Words: business for sale, business wanted, for sale, wanted to buy, buy a business, buying a business, sell a business, selling a business, business for sale, advertising, advertise, posting, postings, business broker, brokers, business brokers, broker, agent, agents, jordan green
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: Due diligence is an investigative inquiry into a business that is performed by a potential small business buyer in order to ensure that the business being purchased is everything that has been represented by the business owner/seller. Here are the best practices for performing due diligence.
Key Words: due diligence, buying a business, buyer, buyers, buy a business, attorney, cpa, non-disclosure agreement, tax returns, income statements, due diligence period, balance sheets, cash flow statements, lease, leases, purchase agreement, purchase agreements, assets, liabilities, legal contracts, distribution agreements, risk, risks, lawsuits, due diligence checklist, jordan green
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Contributor: Peter Siegel, MBA at 925-701-8064 X313   Log In To Message/Email This Contributor
Profile: Obtaining business purchase financing can take business buyers many months, however, there are a number of ways Business Buyers can prepare in order to obtain faster SBA loan approvals from financial institutions. Peter Siegel, MBA shares a list of documents to have prepared for faster approvals.
Key Words: sba, sba loan, sba loans, financing, business purchase financing, peter siegel, financial
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: During the sale of your business, you are going to encounter many types of business buyers. BizBenNetwork Manager Jordan Green identifies 6 classifications of business buyers for business owners to look out for and explains their interests and motivations for buying a business.
Key Words: buyer, buyers, business buyer, business buyers, buy a business, entrepreneur, acquisition, acquire a business, jordan green
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Contributor: Spencer Siegel: BBN Facilitator at - Log In To Message/Email This Contributor
Comments & Replies: 1   Topics: business valuation, buying a business, due diligence, liquor license
Profile: Liquor stores, like all small businesses, have their own nuances of ownership. In this BBN discussion, we cover things potential owners/buyers of liquor stores should know and think about in order to find success during the due diligence process and ultimately when running a liquor store business.
Key Words: spencer siegel, facilitator, liquor store, liquor, selling a liquor store, liquor license, buying a liquor store
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Contributor: Blair Sibley, Business Broker at - Log In To Message/Email This Contributor
Comments & Replies: 1   Topics: selling a business
Profile: In this BizBenNetwork discussion led by New York Business Broker Blair Sibley, BBN members and resources discuss the many factors that impact the length of time needed to successfully sell a small to mid-sized business and provide sellers with tips for preparing their business for sale.
Key Words: sell a business, selling a business, blair sibley
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Contributor: Peter Siegel, BBN Facilitator at - Log In To Message/Email This Contributor
Comments & Replies: 14   Topics: for sale by owner, landlords, selling a business
Profile: While there may be exceptions, I believe the best practice is to let the land owner know about your plans to sell the business - meaning a new tenant for him or her - before you begin marketing the company for sale. There are two schools of thought on this important question. BBN Members weigh in.
Key Words: landlord, landlords, lease, leases, leasing
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Mike Brewer - Liquor Licenses - California 0219
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