Liquor Store Business For Sale in Stockton California

Established Liquor Store With Real Estate For Sale

Advert Id: 55730, Sellers Ref: (4883)
  • Location:Stockton, California
  • Category:LIQUOR STORE
  • Asking Price: $2,000,000
  • 2000000
  • Sales revenue :$1,906,012
  • Net profit :Undisclosed
  • Furniture/Fixtures value :Undisclosed
  • Inventory/Stock value : Undisclosed

Business description

This is a convenience store with liquor & meat market located in Stockton CA - San Joaquin County.

* The store is situated on corner of busy road and it has good traffic exposure.

* Same ownership from last 30 years with loyal customer.

* Real Estate is included in sale with lot size of 19,744 sq.ft. estimated and store size about 5500 sq.ft. estimated.

* Gross sales upto $1,906,012 last year with good profit margin, as per owner.

* Additional Income of $180,159 last year comes from lotto, Bill Pay service, Gold & Silver sales, Check Cashing service, money transfer service, water machines, phone cards.

* Income about $2,700 per month approx. comes from Watermill machine outside the store and rental income from butcher shop given for 25 years approx. of lease period to a tenant.

* The store has a separate fresh meat sales department and good profit on those items.

* The buyer may also plan to bring a convenience store franchise to brand it with franchisor approval.

* The buyer has to apply for an SBA loan with a bank with down payment of subject to bank's approval.

* Inventory is not included in sale price and sold separately.

  • Years Established: 1987

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