Beer Wine C Market + Real Estate + 2 Apartments

Oakland, CA (Alameda County)

Beer Wine C Market + Real Estate + 2 Apartments

Asking Price:$1,218,000

Cash Flow:N/A

Gross Revenue:$780,000

EBITDA:N/A

FF&E:N/A

Inventory:$80,000*

Real Estate:N/A

Established:1941

*not included in asking price.

Beer Wine C Market + Real Estate + 2 Apartments

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Business Description

General Information:
Organization: Sole Proprietor for business & Partnership for property | Square Footage: ~4,301 sq ft approx. | Lot Size: ~9,100 sq ft| Licenses Required: ABC Type-20, City Bus Lic, Health Permit, SBOE, Tobacco | Days Open/Hours: 8am to 10pm Daily | Reason for Sale: Seller is Retiring

Lease Information:
Rent: no Rent - Property is included in the sale

Revenue:
Gross Sale: ~$65,000/month

Financing: SBA financing possible subject to buyer eligibility.

For more details, please complete, sign and return the NDA (Confidentiality Agreement.)

Mission Peak Brokers, Inc. We obtain the information in this marketing package from sources we believe to be reliable. However we have not verified its accuracy and make no guarantee, warranty and representation about it. It is submitted to the possibility of errors, omissions, change of price, rental or other conditions, prior to sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the business & Property. You and your tax or legal advisers should conduct your own investigation of property and transaction.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
1FT/2PT
Facilities:
Asking Price: $1,218,000 Plus ~$80,000 Inventory Gross Sales: ~$65,000/month (As per seller. Not verified by Broker) Building size: ~4,301sq ft (Store 1182sq. ft., Apts 3119sq. ft.) Lot size: ~9,100sq ft 3 Units (year built 1941) Unit 1-Store (Ground Floor) - ~1182 sq ft plus storage area Unit 2-Ground Floor Apartment - 1Bd/1Bth, (rent ~$1500/m) Unit 3-Second Floor Apartment - 4Bd/2Bth (Vacant - could rent for ~$2500/m) Description: This Market was built in 1941 and has been efficiently managed by the Owner since 1980. One owner works full time and 2 family members work part time and together they serve this tight Oakland community filling the gap in the neighborhood by providing a variety of staples. A short list of equipment includes a 13 Door Walk-In Cooler, a 3 Door Walk-In Freezer, a 1 Door Walk-In Freezer for Meat, Prep Tables, Meat Slicers, 3 Comp Sink, Gondola Shelving, 3 Door Turbo Air Cooler, Security Equipment, and much more. The property includes 2 Apartment rentals and the store. This represents an amazing opportunity.

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HARRY SIDHU

Business Listed By:
HARRY SIDHU

MISSION PEAK BROKERS INC.

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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