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#3714
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Convenience Store w/ Liquor & Gas for sale - Modesto CA

$390,000
Sold
Convenience Store w/ Liquor & Gas for sale - Modesto CA
This Listing is Sold

Business Description:

* This business is Owner Absentee Business.

* The store has Hard Liquor License and Gas.

* Ownership from almost last 22 years. Located in a shopping center in good area. 

* The Store is located in nice and clean area surrounded by dense neighbourhood.

* Gross store sale is estimated about $70,000 per month (excluding lotto lottery, ATM and other income) as per seller.

* Gas sale about $2,000 net per month (estimated) as per seller.

* Additional Income: $2,000 per month (estimated) as per seller.

* Buyer need to independent verify/investigate the business sales, profit, and any other factors of the business before buying. 

* The store is located on one of the busiest road of the town.

* Current Rent is about $3,800 per month.

* Lease: 10 years (or neogitated with landlord).

* Inventory is not included in the sale price. Seller can finance the inventory for qualified buyer.

* Arrange down $200,000 down payment.  

DOWN PAYMENT: $200,000

This is a Western Singh Business Brokers listing.
Business & Real Estate Associate Nirvail Singh DRE License #01853125

Lease

Region:
Stockton Businesses For Sale
Modesto Businesses for Sale
Merced businesses for sale
Total Monthly Rent:
3800

Operations

# of Full-Time Employees:
2

Highlights

  • Seller Financing Available.
  • Liquor Store with Gas for sale.
  • Down Payment: $200,000
  • Stores also have Gasoline service.
  • Rent is mostly paid from Gasoline sale income.

Financing

Down Payment:
$200,000
Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 52,286 101,018 219,706
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 19,288 31,636 72,476
2010 Persons Per Household 2.60 3.04 2.89
Median House Value $149,500 $132,092 $163,362
Income Per Household $39,195 $36,211 $45,606
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,196 1,808 4,363
2012 Number Of Employees 39,098 58,482 133,248
2012 Total Annual Payroll $726,639,000 $1,069,351,000 $2,666,215,000

click for more demographic info

Disclaimer

ADDITIONAL LISTING INFORMATION: NOTICE TO BUYERS: This business opportunity and/or real estate is listed by Western Singh Business Brokers ("Broker"). Visitor ("Buyer") understands that Broker or its agent(s) does not audit or verify any and all above mentioned information (not limited to sales, building size, lot size, margins, profits) given to or gathered by Broker or its agent(s) or make any warranty or representation as to its accuracy or completeness, nor in any way guarantee future business performance. Buyer is solely responsible to examine and investigate the Business, its assets, liabilities, financial statements, tax returns, and any other facts which might influence Buyer's purchase decision or the price Buyer is willing to pay. Any decision by Buyer to purchase the Business shall be based solely on Buyer's own investigation and that of Buyer's legal, tax, and other advisers and not that of Broker or its agent(s). Any listing information may change at any time without any notice. Buyer acknowledge that by using this website and inquring about any listings on this website shall not establish any agent and principal relationship between Western Singh Brokers and the Buyer. Western Singh Brokers is or will always be exclusive agent of seller only during any discussions or activities related to any listings on this website.


Western Singh Business Brokers helps buy and sell businesses for sale like gas stations, liquor stores, convenience stores, grocery stores, local markets, coin laundry, tabacco shop, cigarette stores, smoke shops, restaurants, and franchise businesses. Western Singh Business Brokers is serving in california in areas like modesto, sacramento, stockton, ripon, manteca, lodi, lathrop, elk grove, galt, tracy, livermore, dublin, pleasanton, alameda, merced, madera, ceres, turlock, hilmar, gustine, newman, los banos, delhi, denair, livingston, clovis, fresno, tulare, sonora, jackson, amador, roseville, placer county, el dorado hills, citrus heights, and other northern california area. 

 

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