Grocery/Liquor Store

Alameda County, CA
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Asking Price:$1,900,000
BUSINESS DESCRIPTION

Grocery/Liquor Store BUSINESS FOR $1,900,000 OR $3,900,000 W/ REAL PROPERTY
Owner Claims
$600,000+ Net Income

Can be yours with ZERO DOWN! This one of a kind Liquor and Grocery Store location in the prime upscale district of Oakland. Very safe and friendly area. The business has been well established. The owner claims over $230,000 in monthly sales inside the store and about $220,000 in monthly delivery sales totaling $450,000/month with a 40% profit margin on his delivery business. It has four deliverymen that deliver and work at no expense to the seller. There is over $1,200,000 in inventory and you will receive inventory + business. The owner owns the building and willing to give 5 years lease plus 2x5 years option with $15,000/month rent plus NNN. Tax return shows an average of $6,500,000 sale. An experience operator knows even a 15% net profit will be more than $700,000 net. Before tax return after NNN you can have the business for $1,900,000 or $3,900,000 with real property. SBA FINANCING AVIALABLE WITH $800,000 DOWN!


DETAILED INFORMATION
Location
Alameda County, CA
Inventory
Not Included in asking price
Real Estate
Owned
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Matt
Sadati
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Matt Sadati