#5401
San Jose Metro

High Volume liquor store for sale off S Bascom ave in San Jose

$110,000
Expired
High Volume liquor store for sale off S Bascom ave in San Jose
This Listing is Expired

Owner operated liquor store for sale off S. Bascom Ave in San Jose. Averaging $650,000 a year in sales. There is hard liquor license type 21 and tobacco permit. Low rent of $3675.00. Seller is moving out of state. Inventory is separate and is calculated at the close of escrow.

This is a The Real Estate Discount Concept listing.
Realtor Tommy Tran DRE License #01439113

Lease

Region:
San Jose Metro
Lease Term:
There is 4 year remaining plus 5 year option on lease
Total Monthly Rent:
$3675.00

Financials

Last Year's Annual Gross:
$650,000
Last Year's Owner's Cash Flow:
$130,000

Operations

Liquor License:
21
# of Working Owners:
2
Hours Open:
open 6 days a week-8:30am-11pm , Closed Sunday
Year Established:
1 year

Facilities

# of Parking Spots:
ample parking
Inside Sq. Ft.:
1600

Highlights

  • Low rent
  • Cigarette permit

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Expired

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 48,082 154,848 380,514
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 16,824 56,745 139,925
2010 Persons Per Household 2.78 2.61 2.60
Median House Value $670,000 $712,106 $669,906
Income Per Household $105,924 $99,414 $90,797
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,002 4,518 9,628
2012 Number Of Employees 21,250 107,604 232,666
2012 Total Annual Payroll $901,160,000 $3,474,612,000 $4,294,967,295

click for more demographic info

Disclaimer

The information contained in this offering profile was provided by the Seller and is believed to be accurate. RestaurantForSales.com and The Real Estate Discount Concept its agents, brokers, managers, employees have not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness whatsoever.  You are responsible for performing a thorough due diligence of the business before consummating a transaction. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer.  Please note: (1) Sq. ft. is estimated (2) Annual Payroll is last year's and does not include any owner wages. 

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