Liquor Store with very high Lottery Income, San Lorenzo

Description:

This Liquor Store is in a busy retail strip center on the frequently traveled City street. National auto store and franchise restaurants anchor this strip center. This store features various drinks, snacks, alcoholic beverages, Lottery, and grocery items. Dense residential neighborhoods, including several apartment buildings, surround this location. This business falls under the essential business category and is a highly lucrative opportunity. Buyers could take advantage of adding EBT/Snap retailer services and Money Services. Due to Alameda County restrictions for unincorporated areas, the buyer won't be able to get a Tobacco License for this location.

Equipment Included: Cash Register with POS, 10-door Reach-In Cooler, Gondola Shelving, Wine Display Racks, Security cameras with DVR, and Much More. A complete list of equipment is available with the Listing Broker.

General Information:

Organization: Sole Proprietorship | Square Footage: ~1600 Sq. Ft. | Licenses Required: City Bus Lic, Health Permit, Sellers Permit, ABC Type-21 Liquor License (Included & Transferable) | Days/Hours Open: Sun - Thu 9:00 am to 9:00 pm, Fri - Sat 9:00 am to 10:00 pm | Reason for Sale: Other Business Interests.

Lease Information:

Rent $4269/month plus yearly property Tax $2,251 | Lease Term:4 Years remaining on Seller’s lease Plus 5-Year Option. Additional Lease option possible, subject to negotiation with the landlord.

Revenue:

Gross Sales: ~$45,000/Month Plus Commission Income (Lotto) approx. $38,000/Year (As Per Seller, Not Verified by Broker)

Financing: All Cash or SBA financing.

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.