$99,000.00
Asking Price
Address: Hayward,
Status: Active
Posting ID: 281568
3/11/24
Description
This convenience store is located in an unincorporated community in Alameda County, California, located between Ashland to the north and Hayward to the south. They offer a variety of products such as snacks, beverages, cigarettes, lottery tickets, Beer, and Wine. This location is surrounded by densely populated residential neighborhoods making this an ideal spot for local residents. Highly lucrative and sought-after business opportunity with tons of future potential. Established in 1991 & under current ownership from 2016.
This business needs new blood to take this to the next level by adding more diverse merchandise in Craft beers to attract a younger clientele. This location is trendy among Lottery players making this business one of the top retailers of the California State Lottery. The average Lottery commission per year is close to $45,000. The buyer is hereby notified that Tobacco License is not transferable. The buyer won't be able to get a new Tobacco License for this location due to Alameda County restrictions for unincorporated areas.
Equipment: 8-Door Walk-in cooler, Reach-in-coolers, Ice-Cooler, Cash Register, Main Counter, Security cameras with DVR, Microwave, Gondola shelving, and much more. A complete list of equipment is available with the Listing Broker.
General Information:
Organization: Sole Proprietor | Square Footage:1,058 sq. ft. | Licenses Required: City Bus License, Health Permit, Sellers Permit, Type-20 Beer Wine & License (included & transferable) |
Hours: 9:30 am to 8:00 pm | Reason for Sale: Retirement |
Lease Information:
Rent: $1,850/month gross,
Lease Term: Seller's Lease ends July 31ST, 2026. Longer lease terms possible for eligible buyers subject to landlord approval.
Revenue:
Sales: $15,000+/month plus Lottery commission ~$45,000/year or $3750/month.
(as per seller, not verified by the Broker)
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.
To get more information about this Grocery Market - With Beer Wine License business for sale in Hayward please phone Harry Sidhu, CBB, CBI (Intermediary, ProBuySell Member, Broker - BRE License #:01433114) at 510-490-9705 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #281568 on BizBen.com. In addition to phoning Harry Sidhu, CBB, CBI, make sure you email Harry Sidhu, CBB, CBI above to get more info about this Grocery Market - With Beer Wine License, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01433114. Mission Peak Brokers, Inc..
Contact
Details
Asking Price: $99,000.00
Down: All Cash
Cash Flow: $66,044.00
Revenue: $184,000.00
Area: Hayward
City: Hayward
Attributes:
My Notes About This Listing
Cash flow
$24,090
Revenue
$346,943
Down
$149,000
Posting: 285852 | Available | 4/23/24
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Net Worth
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Revenue
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Revenue
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Down
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Cash flow
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Down
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Cash flow
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Revenue
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Down
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Down
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Min Liquid Cash
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Net Worth
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Revenue
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Down
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Space Being Rented
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