39978 Cedar Blvd, Newark, CA 94560
Business
Sold September 2024
Listing Agent: Liberty Uy (DRE #02084648) · Listing Office: RL Dynasty Realty & Development LLC · Contact: 415-613-4053 · Bought with: Liberty Uy · RL Dynasty Realty & Development LLC · MLS #41025412 · Source: CRMLS
About this business
Liquor store for sale for $250,000. ABC license, Cigarette and Tobacco retail license, Check Cashier Permit are all included in the sale. The seller makes a good $65,000- $85,000 monthly income which includes $9,000- $14,000 monthly revenue on check cashing, and their commission on lotto last year was $31,000 and ATM commission last year was $10,800. The lease is currently $4,100/month (3% increase yearly) which includes garbage, water, property tax and CAM. Expense: Insurance is $1,000/yearly. PGE $800-$1,100/monthly. License and permit $1,000/yearly Inventory is separate from the sale. The seller is ready to retire after 24 years.
Listing description from the September 2024 sale, as reported to CRMLS.
Sale history