Liquor Store & Market, Huge Upside Potential Alameda, California

Alameda, CA
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Asking Price:$139,900
Inventory:$40,000
Gross Revenue:$500,000
Established Year:2013
BUSINESS DESCRIPTION

4500 Square Foot Liquor Store & Market Alameda, California

MS Real Estate is thrilled to share an exceptional opportunity to acquire a Market & Liquor store in one of the most affluent neighborhoods of Alameda, California. Established in 2013, this well-managed business has built a loyal customer base and is now available for sale due to the owner's unforeseen family emergency. This liquor store boasts a prime location that consistently attracts a steady stream of customers, making it an ideal investment for those looking to enter a liquor and grocery business. The unique neighborhood store type offers potential buyers the chance to capitalize on its success while implementing its vision for growth. Moreover, adding check-cashing and other services presents an exciting avenue to significantly enhance revenue potential, catering to the community’s diverse needs. This is a fantastic opportunity for hands-on operators eager to take the reins and drive further growth in an already established business. PRINCIPALS ONLY.

Listing Details:
• Offered At $139,900 Plus Inventory around $40K
• Square Foot: 4500
• Rent: $6556.00 per month + $1687.00 month Tax & Insurance( CPI 3%)
• Lease: Expiration- 2/28/2026 | Renewal options available |
• Employees: 1 Full time
• Hours: 10 am- 8:30 pm
• Inventory is not included in the asking price
• Licenses & Permits: 21-Liquor License | Business License | Health Permit, All Transferable.
Revenue:
• Monthly store sales are between $35-40k
• 2024-YTD Sales $274,178 | 2023- $282,924 | 2022- $503,850| 2021- $538,422

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 MS Real Estate Inc. 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 Inc. strongly recommends that you seek the help of legal and financial advisors to help you with this process.


DETAILED INFORMATION
Location
Alameda, CA
Inventory
Not Included in asking price
Employees
1
Facilities
Liquor license & All furniture fixtures included.
Support & Training
The seller will train for 2 weeks after the closing of escrow.
Reason for Selling
Family Emergency
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Manjit
Singh
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Manjit Singh