Market / Liquor / Check Cashing
Location California,United States
Asking Price Range < $250K
Gross Revenues $2400000
Net Profit / Cash Flow $72000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2002
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Description Huge potential on a very busy street in San Jose!!! Take advantage of a tired, worn-out seller who has yet to maximize potential profits. This market only has beer & wine...no hard liquor. New owner can easily bring in liquor and increase the profits. Seller has also lost his lotto license, but new owner can have it transferred to them without any complications. Seller claims $72,000 net (annually). Just his check cashing which consumes a customer base of 400, does over $200,000 gross per month. That is $2.4 million per year at 2.5% profit margin. This is a great business for a family operation. The rent is only $2,700 per month including NNN. He also has Western Union, money orders & ATM machine, which brings in about $500 net per month. Make Offer!ASKING PRICE $175,000. Contact for more information on this Market / Liquor / Check Cashing business for sale.
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