Last Revised: 9/10/19. Posting #: 252114
Key Words: liquor, san jose, santa clara, blossom hill
Financial Info: Price: $199,000+ Inv. (Inventory approximately $125,000). Down: Call / Email. Adjusted Net: Call / Email. Rent: $6,280/month Plus $1,360/month NNN. Sellers Lease Ending 4/30/20. New 5 year lease plus 5 year option possible. Gross Sales: ~$65,000/month+.Other Income: ~$46,000/year lotto.
Profile: This Liquor store is centrally located in the Popular Super Center with tons of ample parking. It's known to have busy street exposure with heavy foot traffic being surrounded by Major Retail, Food, Coffee, Clothing and Hardware Store Chains and much more. It is in a very popular area of San Jose. Wonderful opportunity to own a liquor store in the perfect location, and great price. Inventory approximately $125,000 is in addition to the asking price.
Equipment Included: 19-Door Walk-In Cooler, Shelving for Liquor, SPS 2000 Cash Register/ printer, Main Counter, Gondola Shelving, Price Gun, Storage Shelving, office furniture, and Much More. A full list of equipment is available with the Listing Broker.
Organization: Sole Proprietor | Square Footage: ~2,500 sq. ft. | Licenses Required: City Bus License, Health Permit, SBOE, Tobacco, ABC Type-21 Liquor License (Included & Transferable) | Days Open/Hours: 9am - 10:30pm | Reason For Sale: Other Business Interests.
Rent: $6,280/month Plus $1,360/month NNN | Sellers Lease Ending 4/30/20. New 5 year lease term plus 5 year option possible, subject to negotiations with landlord.
Gross Sales: ~$65,000/month+ (As Per Seller, Not Verified by Broker)
Other Income: ~$46,000/year ($3,833/m) commission income from Lotto.
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 business property and transaction.
Professional Resources & Contacts To Help You Close Your Deal!
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: 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: 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.
Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
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Profile: A big reason that businesses never sell is because they are overpriced. BizBenNetwork Senior Facilitator Manager Jordan Green shares helpful tips with business owners to properly value their business and reviews costly mistakes to avoid in order to establish a fair asking price for a business.
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