Liquor & Conv. Store (Santa Clara)
Santa Clara, CA
Description: Absentee Run Business. This popular Liquor Store is located in a two-unit retail center. Ideally located on a hard corner at the very busy intersection. Originally established in 2003 and under current ownership since 2018, this store is popular for its variety of premium Liquors, fine Wines, and Draft Beers. The location provides ample free parking on-site and easy egress/ingress making this location highly convenient for neighborhood residents and commuters. Great Upside Potential for an owner-operator. An experienced operator could boost revenue by adding diverse inventory in the Spirits and Craft Beer section. Inventory approx. $99k is in addition to the asking price. Equipment: Clover POS system, 11-Door Walk-in cooler, Security System with cameras and DVR, Gondola shelving, Liquor & Wine displays case & much more. A full list of equipment is available with the Listing Broker. General Information: Organization: LLC | Square Footage: 2000 Sq. Ft. | Licenses Required: City Bus Lic, Health Permit, Sellers Permit, Tobacco Lic., ABC Type-21 Liquor Lic. (Included & Transferable) | Hours: Sun 9 am-10 pm, Mon-Thu 9 am–11 pm, Fri-Sat 9 am-12 pm | Reason for Sale: Other Business Interests | Lease Information Rent: $5,824/month plus $1,718/m NNN, Lease Term: Seller’s lease ending Aug 31st, 2028. An additional lease option is to be negotiated with the landlord. Revenue: Revenue: Gross Sales: Asset Sale. As per Seller historical sales are between ~$30,000 to $36,000/Month plus Lottery commission $39k per year. (As per Seller, not verified by the Broker. No financial records will be provided by the seller. Lottery 1099 will be provided for buyer due diligence). Financing: All cash 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.