Established Liquor Store (Milpitas)
Business Description
Description:
This is an established neighborhood liquor and convenience store . The store serves the surrounding residential community with a selection of liquor, beer, wine, snacks, and everyday convenience items. Its accessible neighborhood location and potential for late-night operations make it convenient for nearby residents and other local customers.
The business has historically operated with extended hours. However, due to the Seller’s significant health-related hardship, it is currently open only from 2:00 p.m. to 10:00 p.m. and is closed on Sundays, rather than operating during its normal hours of 7:00 a.m. to 1:00 a.m. Restoring normal business hours, expanding the product selection, and increasing marketing efforts could provide meaningful growth and upside potential for an energetic owner-operator.
This well-established and popular neighborhood store offers substantial upside potential for an experienced, energetic, and tech-savvy owner-operator. A new owner could increase revenue by introducing online ordering and delivery services. Additional opportunities may include adding California Lottery products and money services, subject to the required approvals and licensing. The Seller is willing to assist the new owner with a smooth transition and provide training and support as needed.
Equipment: Cash Register, 9 Door Reach-in cooler, Storage room, 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: Sole Proprietor | Square Footage: 2,035 Sq. Ft. | Licenses Required: City Bus Lic, Health Permit, Sellers Permit, Type-21 Liquor License (included & transferable), Tobacco Permit | Hours: 3:00 am to 7:00 pm | Reason for Sale: Health hardship.
Lease Information:
Rent: $3,593/month including CAM.
Lease: 3Yr Plus 3Yr option for Buyer, subject to landlord approval.
Revenue:
Sales: ~$40,000/Month as per historical financial data. The Seller is experiencing significant health related hardship and is therefore unable to operate the business during its normal hours of 7:00 a.m. to 1:00 a.m. The business is currently open from 2:00 p.m. to 10:00 p.m. and is closed on Sundays.
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
This is an established neighborhood liquor and convenience store . The store serves the surrounding residential community with a selection of liquor, beer, wine, snacks, and everyday convenience items. Its accessible neighborhood location and potential for late-night operations make it convenient for nearby residents and other local customers.
The business has historically operated with extended hours. However, due to the Seller’s significant health-related hardship, it is currently open only from 2:00 p.m. to 10:00 p.m. and is closed on Sundays, rather than operating during its normal hours of 7:00 a.m. to 1:00 a.m. Restoring normal business hours, expanding the product selection, and increasing marketing efforts could provide meaningful growth and upside potential for an energetic owner-operator.
This well-established and popular neighborhood store offers substantial upside potential for an experienced, energetic, and tech-savvy owner-operator. A new owner could increase revenue by introducing online ordering and delivery services. Additional opportunities may include adding California Lottery products and money services, subject to the required approvals and licensing. The Seller is willing to assist the new owner with a smooth transition and provide training and support as needed.
Equipment: Cash Register, 9 Door Reach-in cooler, Storage room, 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: Sole Proprietor | Square Footage: 2,035 Sq. Ft. | Licenses Required: City Bus Lic, Health Permit, Sellers Permit, Type-21 Liquor License (included & transferable), Tobacco Permit | Hours: 3:00 am to 7:00 pm | Reason for Sale: Health hardship.
Lease Information:
Rent: $3,593/month including CAM.
Lease: 3Yr Plus 3Yr option for Buyer, subject to landlord approval.
Revenue:
Sales: ~$40,000/Month as per historical financial data. The Seller is experiencing significant health related hardship and is therefore unable to operate the business during its normal hours of 7:00 a.m. to 1:00 a.m. The business is currently open from 2:00 p.m. to 10:00 p.m. and is closed on Sundays.
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
About the Business
- Years in Operation
- 31
- Facilities & Assets
- Equipment: Cash Register, 9 Door Reach-in cooler, Storage room, Security System with Cameras and DVR, ATM Machine, Gondola Shelving, and Much More. A complete list of equipment is available with the Listing Broker.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,035
- Rent
- $3,593 per month
About the Sale
- Seller Motivation
- Health Hardship.
- Transition Support
- Seller Training available.
- Financing Options
- All cash.
Listing Info
- ID
- 2555302
- Listing Views
- 11
Listing ID: 2555302 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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