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For Sale Liquor Store In Sunset District, San Francisco, CA

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Contact: Harry Sidhu at 510-490-9705 - Log In To Message/Email This Contact
Last Revised: 9/11/19. Posting #: 253287
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Asset Sale  
Key Words: san francisco, sunset district, liquor, asset
Financial Info: Asset Sale. Price: $99,000. All Cash. Total commission income from Lottery & SFMTA in 2018 was $48,232. Lot of upside potential for new buyer. Rent: $3,800/month. Lease: New 5 year term plus 5 year option to be negotiated with Landlord.
Profile: This business is located in the Sunset District of San Francisco. It is surrounded completely by residential housing, which will provide a constant flow of foot traffic. This business has proudly served the community since 1990. The Sunset District is the largest neighborhood within the city and county of San Francisco, and with a population of over 85,000 it is also the most populous. Golden Gate Park forms the neighborhood's northern border, and the Pacific Ocean (or, more specifically, the long, flat strand of beach known as Ocean Beach) forms its western border. Store is being operated by Sellers elderly parents. Store lacks consistent business hours, adequate and diverse merchandise. Great upside potential for new buyer.

Equipment Include: Walk-in & Reach-In Coolers, Cash Register with POS system, Liquor & Wine display shelving and Much More. A full list of equipment is available with the Listing Broker.

General Information:
Organization: Sole Proprietor | Square Footage: ~2,100 sq. ft. | Licenses Required: City Business License, Health Permit, SBOE, Tobacco, ABC Type-21 Liquor License (Included & Transferable) | Days Open/Hours: 9:30am to 9pm | Reason for Sale: Other Business Interests.

Lease:
Rent: $3,800/month
Lease: New 5 year term plus 5 year option to be negotiated with Landlord.

Revenue
Gross Sales: N/A. Asset Sale. Lotto Commission $42,366/Year, SFMTA Commission: $5,866/year.

Financing: All Cash

Broker Disclaimer: Mission Peak Brokers, Inc. 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 or legal advisers should conduct your own investigation of 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: 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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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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Contributor: Peter Siegel, MBA at 925-701-8064 X313   Log In To Message/Email This Contributor
Profile: Business sellers and brokers & intermediaries utilize disclaimers on postings to help protect themselves from potential liability during and after the sale of a business. Our Facilitators are asked frequently, "What is a good example of disclaimer text to utilize in a Posting?" We share examples.
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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: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: BizBenNetwork Facilitator Manager Jordan Green (at 925-785-2282) explains the crucial role that business wanted to buy postings on BizBenNetwork play in providing buyers with a voice within the small business marketplace. Included are the best practices for advertising a business wanted posting.
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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.
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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: Jordan Green: BBN Facilitator at - Log In To Message/Email This Contributor
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Profile: When buying a restaurant, business buyers must consider a number of critical aspects of the business to determine if the restaurant is a good fit, set up for future success, or requires a concept change instead. BizBenNetwork Senior Facilitator Manager Jordan Green starts this discussion.
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Contributor: Jordan Green: BBN Facilitator at - Log In To Message/Email This Contributor
Comments & Replies: 1   Topics: buying a business, landlords, selling a business
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Jim Saxton - Liquor Licenses - SF Bay Area - 0219
Mike Brewer - Liquor Licenses - California 0219

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