High Volume Liquor Store - San Jose

Profitable High Volume Liquor Store

Description:

Popular Liquor Store conveniently located on corner of a neighborhood strip center in San Jose. Ample free parking in the front is perfect for easy ingress and egress. This business is famous for stocking a variety of Liquor, beer, and wine selections, Tobacco products, snacks, and limited groceries. The area surrounding this business is equally vibrant and multicultural. San Jose, being one of the most diverse cities in the United States, offers a rich tapestry of cultural experiences. Nearby, you can find a mix of residential neighborhoods, small businesses, and restaurants that reflect the city's ethnic diversity.

This well-established and popular spot offers extremely high upside potential for an owner-operator. An energetic and tech-savvy buyer could benefit from online tools for boosting revenue through delivery services. The seller is willing to work with the new owner to ensure a smooth transition and provide training and support as needed.

Equipment: 2 Cash Registers with POS, 10 Door Walk-in cooler, 3 Door Freezer, Reach-in cooler, Security System with Cameras and DVR, ATM Machine, Gondola Shelving, and Much More. A complete list of equipment is available with the Listing Broker

General Information:

Organization: Corporation | Square Footage: 2,460 Sq. Ft. | Licenses Required: City Bus Lic, Health Permit, Sellers Permit, Tobacco License, Type-21 Liquor License (included & transferable) | Hours: 7:00 am to 12:00 am | Reason for Sale: Other business interests.

Lease Information:

Rent: $9,990/month including NNN.

Lease: Current term expiring June 30, 2032, plus two 5-Year options.

Revenue:

Sales: ~$138,000/Month plus Other Income approximately $37,000/year in Lottery & ATM commission. (As per Seller, not verified by the Broker).

Financing: SBA Financing for eligible buyer

All information contained in this document resulted from representations by Seller. Mission Peak Brokers, Inc. and its agents can not and will not verify the accuracy or completeness of any information. Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process.