Unique Liquor Store In Professional Area
Location:
United States
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California
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Northern California - Bay Area
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Santa Clara
Industry: Food and Beverage > Liquor Stores
Business Summary
Owner Insists: Do Not Talk To Employees Or Ask About Business Sale
Store includes alcohol, gifts, cigar, cigarette and tobacco sales. A Hookah Lounge could be setup outside on the patio area after business hours to draw more sales. There is foot traffic in the area due a pizza shop and Starbucks nearby. Owner has exclusive contracts to wholesale cigars for his territory. Store includes a large humidor for inventory of all the cigar products it carries. Owner distinguishes the store buy carrying unique and high end liquors not found in other stores. Contact for more information on this Liquor Store for sale.
Inventory Valued At $80K
Seller Is Seeking All Cash Offer
Sales $50K/Mon Or $600K/Yr
Sales Are From Liquor/Wine (30%), Tobacco (65%), Lotto (5%)
Net Income Is $120,000/Yr After All Expenses
No Check Cashing Or Money Transfers
Store Has 2 Pt Ees Earning 8/Hr
Owner And Family Member Work At Store
Family Member Makes 10/Hr For 8hrs Per Week
900sq Ft.
Rent $2,880/Mon Gross
Hours 10-8 M-Thurs, 10-9 Fri, Sat,1-7 Sun.
All Information Is Provided By The Seller And Is Believed To Be Reliable.
Versant Business Team, Inc. Or Its Employees Have Not Verified Any Of The Information Or Facts About This Business. Buyer Takes On All Responsibiliity For Due Diligence Regarding The Evaluation Of This Business. Buyer Is Advised To Talk To Accountants, Cpas And Attorneys Before Making An Decision On A Business Purchase.
Financials
Asking Price Range: < $250K
Gross Revenues:
$600,000
Cash Flow:
$120,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $80,000
Seller Financing: No
About The Business
Year Established: 2001
Number of Employees: 4 - 5
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: As negotiated.
Reason For Selling: Family member is going to college.
Photos
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Click on the "I'm Interested" button above for more information on this Food and Beverage > Liquor Stores business for sale.
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Print Listing Id: 700111657
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