Price Reduced - Liquor Store in Soledad

Soledad, CA (Monterey County)

Price Reduced - Liquor Store in Soledad

Asking Price:$175,000

Cash Flow:N/A

Gross Revenue:$686,400

EBITDA:N/A

FF&E:N/A

Inventory:$65,000*

Established:N/A

*not included in asking price.

Price Reduced - Liquor Store in Soledad

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Business Description

General Information:
Organization: Corporation | Square Footage: 3100 sq ft approx. | Licenses Required: ABC Type-21, City Bus Lic., Health Permit, SBOE, Tobacco License | Days Open/Hours: 7am to 10pm Daily| Reason for Sale: Other business interests

Lease Information: Rent: $3,185/ month including NNN
Lease term: 18 years including options|

Revenue:
Gross Sale: ~$55,000 /month
Commissions: ~$2,200/m from Lotto

For more details please complete and return the NDA.

At 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 bit 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
Facilities:
Asking Price: $175,000 plus $65,000 Inventory Gross Sale: ~ $55,000/month ($686,400/year per owner) Including Commissions of $2,200/month Rent: $3,185 /month Lease: 18 Years including Options Description: This Liquor is an extra large store located on a corner lot just 25 minutes south of Salinas. There is plenty of parking right at the door and it is on the parallel road next to Highway 101. This well organized and efficiently run Liquor and Convenience Store is Grossing $686,400 annually per owner including commissions (not verified by Broker) and serves the communities needs with somewhat of a corner on the market.
Reason for Selling:
Other Business Interests

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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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