Last Revised: 9/10/19. Posting #: 251609
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.
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
Rent: $3,920/month (Including NNN) | Lease Ends 2023, Additional Lease Option Possible.
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.
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!
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
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
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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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.
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Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
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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.
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