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.
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