39978 Cedar Blvd, Newark, CA 94560
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Sold Price :
$220,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
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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.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
Listing Information
| Address |
39978 Cedar Blvd |
| City |
Newark |
| State |
CA |
| Zip |
94560 |
| County |
Alameda |
| Listing Agent |
Liberty Uy DRE #02084648 |
| Courtesy Of |
RL Dynasty Realty & Development LLC |
| Close Price |
$220,000 |
| Status |
Closed |
| Type |
Business |
| Structure Size |
N/A |
| Lot Size |
8,700 |
| Year Built |
1980 |
Listing information courtesy of: Liberty Uy, RL Dynasty Realty & Development LLC. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 14th, 2024 at 12:23 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
