Liquor Store & Deli, Commercial Kitchen, Type-1 hood, 4300 Square Foot

San Joaquin County, CA
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Asking Price:$550,000
Inventory:$200,000
Gross Revenue:$835,000
Established Year:2010
BUSINESS DESCRIPTION

4300 Square Feet, Liquor Store with Commercial Kitchen, San Joaquin County, CA

MS Real Estate is thrilled to announce that a profitable Liquor Store & Gourmet Deli with a built-in commercial kitchen is now available in one of the affluent San Joaquin County, California, neighborhoods. Established in 2010, the business has been a thriving operation ever since. The owner, who has successfully managed the business, is now ready to retire, making this a unique opportunity for potential buyers. This liquor store is in a prime location that attracts a steady stream of customers. It is anchored by Star Bucks, McDonald's, and other big-name entities.
Adding check-cashing and other services can take the business's revenue potential to the next level. The built-in commercial kitchen is an advantage for expanded offerings and increased profitability. The current ownership has done an excellent job of establishing and growing the business, and this is a unique opportunity for someone to take over a profitable operation with the potential for further growth. PRINCIPALS ONLY!

Listing Details:
• Square Foot: 4300+- | 18- Door Cooler | 10 Feet-Type-1 Hood | Ample Parking
• Rent: $8643.00 per month, All inclusive
• Lease: Expiration- 12/2025 | Option to renew for five (5) years is available.
• Employees: 4- Part Time.
• Hours: 8 AM–12 AM
• Inventory ($200K+) is not included in the asking price
• Licenses & Permits: 21-Liquor License | Business License | Health Permit, All Transferable.

Revenue:
• The monthly store sales are between $60-$65k | Lotto sale around $70-$75k annually.
• Total Gross 2023- $835,878 | Total Gross 2022- $737,666 | Total Gross 2021- $725,843

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

The Seller has provided all the information in the offering memorandum, but Manjit Singh, the listing broker, has yet to verify it for accuracy or completeness. Therefore, it is the responsibility of both the Sellers and Purchasers to verify the information themselves. MS Real Estate strongly recommends that you seek the help of legal and financial advisors to help you with this process.


DETAILED INFORMATION
Location
San Joaquin County, CA
Inventory
Not Included in asking price
Employees
2
Facilities
The liquor license, furniture, and fixtures are included in the sale.
Growth & Expansion
By adding more services, this can be taken to the next level.
Support & Training
Seller will train for 2 weeks.
Reason for Selling
Retirement
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Manjit
Singh
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Manjit Singh