Last Revised: 9/10/19. Posting #: 250635
Key Words: liquor, olivehurst, yuba
Financial Info: Price: $699,000. Down: Call. Adjusted Net: Call. Gross Sales: $28,000/month. Rental Income from Barber Shop: $1,320/month, 2 Year Lease. Financing: All Cash, SBA Doable.
Profile: Located right off the CA-70. It is surrounded by businesses & residential housing. It is a standalone building with ample parking. Rental income from the Barber Shop that is connected to the liquor store. Upside potential for buyer by expanding business hours, adding more inventory to offer variety of products. Great development opportunity in vacant space behind the store. Business under same ownership since 1996.
Equipment: 13-Door Walk-In Cooler, Main & Secondary Counter, Gondola Shelving, Ice & Frozen Food Freezer, Fridge for Bait, Ice Maker, 2 Comp sink, Cash Register, Price Gun, and Much More. A full list of equipment is available with the Listing Broker.
Organization: Sole Proprietorship | Size: 4,630 sq. ft. Lot. 32,670 sq. ft. | Total Unit: Licenses Required: City Bus License, Health Permit, SBOE, Tobacco, ABC Type-21 (Included & Transferable) | Hours: Monday - Sunday, 10am - 10pm | Reason for Sale: Health Issues.
Rent: No Rent, cause you own the property
Gross Sales: $28,000/month
Rental Income from Barber Shop: $1,320/month, 2 Year Lease
All Cash | SBA Doable
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.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
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: 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: Having owned businesses for over 22 years, my interest turned to listing and selling businesses rather than owning them. I specialize in high volume restaurants, fast food independents & chains, bars, liquor stores, small manufacturers & service businesses in Orange and LA Counties in California.
Key Words: joe ranieri, remax, re/max commercial, business broker, restaurant, cafe, fast food, buffet, retail, bakery, food, juice, bars, mexican, coffee, tea, dessert, sandwich, grill, coffee house, mediterranean, turkish, pizza, asian, sushi, japanese, chinese, sports bar, diner, liquor, market, mart, orange, san bernardino, huntington beach, long beach, los angeles, costa mesa, hollywood, fountain valley, cerritos,
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: Business value has a different meaning depending on the purpose of the parties involved in the transfer. John Byrne, CPA, Business Valuation Expert explains three different methods for valuing a business: Investment Value, Fair Market Value and Fair Value.
Key Words: business valuation, valuing a business, selling a business, sell a business john byrne
Profile: With the Supreme Court ruling on South Dakota v. Wayfair, business sellers should conduct internal due diligence on their reporting and collection obligations related to remote sales. Addressing this now will avoid problems in the future. John Byrne, CPA explains on BizBenNetwork.
Key Words: john byrne, due diligence, legal, legal issues, legislation, sell a business, selling a business, tax, taxes, taxation, sales tax, seller liability, liability, key exit advisors
Profile: The unfortunate side of buying and selling small businesses is that the majority of all transactions fall through, including over half of all deals that go into escrow. Jordan Green discusses the most common reasons that transactions fall out of escrow in this BizBenNetwork blog.
Key Words: jordan green, escrow, business owners, business buyers, buyers, sellers, contract deposits, taxes, business purchase financing, financing, landlord, landlords, lease, leases
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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
Comments & Replies: 1 Topics: business brokers, buying a business
Profile: BizBenNetwork Senior Facilitator Jordan Green with others share helpful tips for buyers to prepare for a business purchase in order to ensure a smooth and timely process. From preparation to effectively communicating their expectations with business brokers, these tips will assist all buyers.
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Comments & Replies: 11 Topics: advertising, buying a business, for sale by owner, non disclosures, selling a business
Profile: Recently a business owner asked me on the phone, "Why do you keep the sale of a business confidential? How do you keep the sale confidential - any good tips?" Multiple BBN Members weigh in on this topic and give some very good reasons why confidentiality is so important to both sellers and buyers.
Key Words: nda, confidentiality agreement, non disclosure agreement, confidentiality, confidential