Liquor Store - Fremont

Description:

This is a family-owned business, Originally established in 1993 and under current ownership since 2023. Business sales degraded under current ownership due to family hardship. Historically this store used to gross over $75k/m. Easy ingress and egress with a wide-open parking lot. The surrounding area is a mix of a commercial and dense multi-family residential neighborhood. The store needs an experienced operator. An energetic and tech-savvy buyer could benefit by adding more diverse inventory, expanding business hours and implementing online tools for boosting revenue through delivery services. The seller is willing to work with the new owner to ensure a smooth transition and provide training and support as needed. Inventory approximately $170k is in addition to the asking price.

Equipment: 8-door Walk-in cooler, 13-door Reach-in cooler, 3-door freezer, Wine and Liquor Displays, POS System, Multiple shelving, and much more. A complete list of equipment is available with the Listing Broker.

General Information:

Organization: Corporation | Bldg Size:2,000 sq. ft. | Licenses Required: City Bus Lic, Health Permit, Sellers Permit, ABC Type-21 Liquor Lic. (Included & Transferable), Tobacco License | Hours: Mon-Thus 7 am – 10 pm, Fri 7am – 12am, Sat 9am-12am, Sun 9am-9pm.| Reason for Sale: Family hardship |

Lease Information:

Rent: $7,210/m NNN.

Lease: Current term expiring 09/31/2027 plus 5-year option for an eligible Buyer.



Revenue:

~$50,000/Month plus commission income $16,000+/yr from Lottery & ATM.

(As per Seller, not verified by the Broker)



Financing: SBA/All Cash



All information contained in this document resulted from representations by Seller. Mission Peak Brokers, Inc. and its agents can not and will not verify the accuracy or completeness of any information. Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process.