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  Home > Search Results > For Sale: Liquor Store

For Sale Liquor Store In South San Jose, Blossom Hill Area, 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 #: 252114
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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.

General Information:
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.

Lease:
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.

Revenue:
Gross Sales: ~$65,000/month+ (As Per Seller, Not Verified by Broker)
Other Income: ~$46,000/year ($3,833/m) commission income from Lotto.

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 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!

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: 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: 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: BizBenNetwork Manager Jordan Green provides business buyers with tips for ensuring a smooth transition into business ownership and details ways to successfully approach topics such as training, employees, vendors, and contracts in order to keep business running smoothly after assuming ownership.
Key Words: purchase agreement, training period, training, transition, employees, buying a business, business purchase, purchasing a business, 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: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
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.
Key Words: jordan green, intangible assets, equipment, value, business brokers, business owners, sellers, improvements, sales multiple, net income, business for sale, preparing a business for sale, valuation
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Contributor: Peter Siegel, MBA at 925-701-8064 X313   Log In To Message/Email This Contributor
Profile: In this BBN Podcast Episode, Mike, a seasoned business buyer & BizBenNetwork member, discusses his recent search with BBN Facilitator Peter Siegel, MBA. In this online interview, he discusses his past experiences dealing with brokers and business sellers and offers helpful advice to fellow buyers.
Key Words: podcast, buyer, business buyer, mike, buying a business
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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: Peter Siegel, BBN Facilitator at - Log In To Message/Email This Contributor
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