Liquor & Food Store in Irvington District, Fremont, California 94538
Business Description
Liquor and Grocery Store Fremont, California 94538
MS Real Estate Inc. is pleased to present a compelling opportunity to acquire a liquor and food store business in the burgeoning Irvington district of Fremont, California. Established in 1994, this business has been under the current owner's management since 2024. The store is strategically located on one of the most trafficked streets in the vicinity, which is advantageous due to its high visibility and substantial foot and vehicular traffic. Currently, the store provides a diverse selection of products, encompassing liquor, food items, tobacco, and various grocery essentials. The seller seeks to transition into other business pursuits and is eager to find a successor who can take the operation to new heights. This presents a unique opportunity for proactive operators with significant growth potential. PRINCIPALS ONLY!
Listing Details:
• Square Footage: 1,600
• Lease Expiration: September 30, 2027 (Renewal option for an additional five (5) years available)
• Monthly Rent: $4,162.00 month
• Operating Hours: 9 AM to 11 PM
• Employees: 2
• Inventory: $140k-$150k, not included in the asking price.
Revenue:
• The seller claims store sales are between $ 30,000 and $ 40,000 per month. The broker hasn't verified
• Lottos are sold for around $20k per month. For some reason, no tax returns or profit and loss statements (P&Ls) are available. The buyer should conduct their due diligence to satisfy the financial contingency.
Financing: All Cash
The Seller has provided all the information in the offering memorandum, but MS Real Estate Inc., the listing broker, has yet to verify it for accuracy or completeness. Therefore, it is the responsibility of both the Sellers and Purchasers to verify the information themselves. MS Real Estate Inc. strongly recommends that you seek the help of legal and financial advisors to help you with this process.
Listing Details:
• Square Footage: 1,600
• Lease Expiration: September 30, 2027 (Renewal option for an additional five (5) years available)
• Monthly Rent: $4,162.00 month
• Operating Hours: 9 AM to 11 PM
• Employees: 2
• Inventory: $140k-$150k, not included in the asking price.
Revenue:
• The seller claims store sales are between $ 30,000 and $ 40,000 per month. The broker hasn't verified
• Lottos are sold for around $20k per month. For some reason, no tax returns or profit and loss statements (P&Ls) are available. The buyer should conduct their due diligence to satisfy the financial contingency.
Financing: All Cash
The Seller has provided all the information in the offering memorandum, but MS Real Estate Inc., the listing broker, has yet to verify it for accuracy or completeness. Therefore, it is the responsibility of both the Sellers and Purchasers to verify the information themselves. MS Real Estate Inc. strongly recommends that you seek the help of legal and financial advisors to help you with this process.
About the Business
- Years in Operation
- 31
- Employees
- 2
About the Sale
- Seller Motivation
- Time management/ Other business interest
- Transition Support
- The seller will train the buyer after closing.
Listing Info
- ID
- 2359192
- Listing Views
- 3181
Listing ID: 2359192 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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