Last Revised: 9/10/19. Posting #: 250814
Key Words: liquor, alameda, union city
Financial Info: Price: $295,000+ Inv. Down: $25-30%. Adjusted Net: $138,000. Annual Revenues: $783,651. Gross Sales: ~$65,000/month Plus Commission Income (Lotto/Rebates) $24,000/Year. Rent: $5,027/month (Including NNN). Sellers Lease Expires 10/31/2020 Plus 5-Year Option Thru 2025. Eligible for SBA Loan.
Profile: Located in a corner plaza in Union City & features a wide range of drinks, snacks, alcoholic beverages as well some household items. This liquor store is easy to spot by commuters, passersby's & residents off the frequently traveled Mission Boulevard. Neighbors with a Chinese restaurant, a tailor & is close by a city park, dog park & is among plenty of housing & offices, all of which contribute to its revenue.
Equipment Included: Cash Register, ATM Machine, 12-Door Walk-In Cooler, 5-Door Reach-In Cooler, 3-Door Reach-In Freezer, Gondola Shelving, Wine Display Racks, Liquor Display, Camera Surveillance System, Ice Cream Freezer & Much More. A full list of equipment is available with the Listing Broker.
Organization: Sole Proprietor | Size: ~2,336 sq. ft. | Licenses Required: City Bus License, Health Permit, SBOE, Tobacco, ABC Type-21 (Included & Transferable) | Days Open/Hours: Sunday -Thursday, 7am to 10pm, Friday - Saturday, 7am to 11pm | Reason For Sale: Other Business Interests.
Rent: $5,027/month (Including NNN) | Sellers Lease Expires 10/31/2020 Plus 5-Year Option Thru 2025.
Gross Sales: ~$65,000/month Plus Commission Income (Lotto/Rebates) $24,000/Year (As Per Seller, Not Verified by Broker)
All Cash | Eligible for SBA Loan
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: 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.
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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.
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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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