Liquor & Grocery , Newark, California

Newark, CA
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Sale Pending
Asking Price:$225,000
Established Year:2001
Inventory:$25,000
BUSINESS DESCRIPTION

Liquor and grocery store situated in an excellent location in Newark, California

MS Real Estate Inc. is excited to present a well-established liquor and grocery store strategically located in the bustling heart of Newark, California. This store benefits from its prime location within a thriving commercial and residential neighborhood, ensuring a steady flow of foot traffic and visibility. The store's convenient location, nestled in the heart of the community, makes it a go-to spot for residents and visitors, fostering a loyal customer base and assuring the prospective buyer of its accessibility.
The current owner is looking to sell the business due to competing commitments and is seeking a hands-on and eager individual to engage with the community. This presents a fantastic opportunity for someone looking to enter an established store with minimal initial effort. With the right vision and dedication, this business has significant potential for expansion and improvement, making it an excellent long-term investment for the prospective buyer. PRINCIPALS ONLY !

Listing Details:
Square Foot: 1560 | Ample Parking
Rent: $4056 | Monthly triple net charges-$742.00
Lease: Expires 2/28/2028. Renewal options available
Employees: 1
Hours: 10 am-10 pm
Inventory: Not included in the asking price
Licenses & Permits: Liquor license 21 - Off-Sale General, Health permit, a business license. All transferable.

Revenue:
Monthly store sales are between $15-$20k per month.

Financing:
All Cash | No Seller Financing | Proof of funds and NDA are required for more information on this business.


DETAILED INFORMATION
Location
Newark, CA
Inventory
Not Included in asking price
Employees
1
Reason for Selling
Time Management
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Manjit
Singh
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Manjit Singh