Established Liquor Store near UCSB Campus

Santa Barbara, CA
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Asking Price:$349,000
Gross Revenue:$602,709
Cash Flow:$103,736
Rent:$4,715/Month
BUSINESS DESCRIPTION

Is your Son or Daughter attending UCSB?
Offset the cost of their education with
the profits from this near campus business!

Must Sell Situation!

Gross Sales 2023: $602,709

Owner Income 2023: $103,736

Square Footage: 2,075 Sq. Ft.

Lease Ends: Negotiable

Total Rent Only: $4,700! ($1.83 per sq. ft.)

Yr1: $3,800 + $900NNN = $4,700
Yr2: $3,952 + $900NNN = $4,852
Yr3: $4,110 + $900NNN = $5,010
Yr4:$4,274 + $900NNN = $5,174
Yr5:$4,445 + $900NNN = $5,345

4% increases each year on the Base Rent
Base Rent only $1.83 per Sq. Ft.

Long Established Store with Repeat Customers

Type-21 Off-Sale Liquor License Included.
(Lic. Valued at $160k!)

New Grease Trap Installed!
Offer Breakfast Burritos, Coffee & Donuts,
Yogurt & Fruit Salads.

Add Microwave & Convection Oven.
Offer Sandwiches & More!

Currently Offers:
Lotto
Check Cashing
ATM
Money Orders

Asking Price:
$349,000 + Inv.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,880
Employees
2
Reason for Selling
Must sell situation!
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Jorge
De Leon
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Jorge De Leon