PRIME LOCATION DOWNTOWN ENTERTAINMENT DISTRICT

Hayward, CA (Alameda County)

Seller Financing Available
YOUR STORE
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Asking Price: $2,575,000

Cash Flow: N/A

Gross Revenue: $1,100,000

EBITDA: N/A

FF&E: N/A

Inventory: $200,000*

Real Estate: $1,725,000

Established: 1985

*not included in asking price.

PRIME LOCATION DOWNTOWN ENTERTAINMENT DISTRICT

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Business Description

SERIOUS BUYERS ONLY WITH PROOF OF FUNDS
A Great Store with Great Earnings and Potential to Increase by cash flow with extended hours, bringing the Deli back in the store or adding more items for the conveinence of the residents.
The Parcle has another 1600 sqft building in Shell condition that can be converted to Retail or Residential for additional income.
In summary an Owner Operator or Investor can't go wrong with this site and business. The business has Check Cashing as well the Lotto Commision is estimated at $60,000 annually along with sales over $100,000.00 per month. The Income form ATM is not added.

Detailed Information

Location:
Hayward, CA
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Facilities:
2900 SQFT OF MAIN STORE PLUS THE PARKING LOT AND ADJACENT BUILDING FOR 1600 SQFT. ( all measurements are provided by the landlord) Prime SIGNALIZED INTERSECTION. The Price includes Real Estate and Business but Business can be bought separately for $825,000.00
Competition:
The Store has no immediate coemption with great Residential development coming around it with in walking distance. The Store has Huge Potential for Growth and to increase Cash flow by just opening at 8 and closing at 12 midnight on Friday and Saturday.
Growth & Expansion:
ABOUT THE PROPERTY The subject property is strategically located around a dense retail and residential corridor. Major national retailers in the immediate area include Chase, Safeway, Wells Fargo, Citibank, Starbucks, FedEx, Provident Credit Union, Dollar Tree, Bank of America, and Dozens of Local Retail Stores along with the Theaters. The Property offers many opportunities for growth , to add a deli in the store , convert the adjacent building to two stores and lease them like Crispy Chicken, Nail Sloan. Café Bistro. The Future of the store is great with all the development being built and planed .
Financing:
$300,000.00
Support & Training:
The seller will train for 7 days 5 hours per day at no cost to the buyer
Reason for Selling:
Retire , store is known in the surrounding area to all PD, FIRE & City Offices
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(from currently available funds)
 
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Waseem - Victor Khan

Business Listed By:
Waseem Khan

Bay Equities

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