39978 Cedar Blvd, Newark, CA 94560

$220,000

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Listed by Liberty Uy, (415) 613-4053 from RL Dynasty Realty & Development LLC
(If provided) CoList: from

Sold listing courtesy of Liberty Uy from SLUY01

Sold Price
$220,000
List Price
$250,000
Closing Date
Sep 13, 2024
MLS#
BE41025412
Status
SOLD
Lot Size
8,700
Listing Area
Other Area
Year Built
1980

Property Description

Liquor store for sale for $250,000. ABC license, Cigarette and Tobacco retail license, Check Cashier Permit are all included in the sale. The seller makes a good $65,000- $85,000 monthly income which includes $9,000- $14,000 monthly revenue on check cashing, and their commission on lotto last year was $31,000 and ATM commission last year was $10,800. The lease is currently $4,100/month (3% increase yearly) which includes garbage, water, property tax and CAM. Expense: Insurance is $1,000/yearly. PGE $800-$1,100/monthly. License and permit $1,000/yearly Inventory is separate from the sale. The seller is ready to retire after 24 years.

Additional Information

Acres
2
Age
44
Amenities
Other
Cooling System
Other, Air Conditioning Unit, Air Conditioning - Area
Days On Market
Unknown
Floor Covering
Vinyl
Heating System
Forced Air, Gas, No Heating
Lot Size
8,700
Neighborhood
Other Area
Other Utilities
Electricity - On Site, Gas - On Site
Roof
Tile
Unincorporated Yn
Yes
Zoning
comm

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