Franchised Liquor & Conv. Store (Menlo Park)

Description: This business location is of a nationwide chain of Franchise stores with 1600+ stores across the United States. Located on a corner lot with easy egress and ingress from the wide-open parking lot in front. This business neighbors with residential housing, which makes it a go-to place for its local residents, and commuters. Highly lucrative and sought-after business opportunity. Currently under Semi-Absentee ownership. Tons of upside potential for an owner-operator. Equipment: As per the Franchise Agreement. All furniture, fixtures, and equipment are owned by Franchise. General Information Organization: Corporation | Square Footage:2200 sq. ft. | Licenses Required: City Bus Lic, Health Permit, Sellers Permit, Tobacco License, and ABC Type-21 Liquor Lic.. (Included & Transferable) | Hours: 6am – 2am | Reason for Sale: Other Business Interests | Franchise Fee $50,000 and Inventory approximately $30,000 is in addition to the asking price. Lease Information Rent: No Rent. Franchise Royalty 17%. Lease Term: As per Franchise Agreement. Revenue: ~$59,000/Month plus. (As per Seller. Not verified by Broker) Financing: All Cash All information contained in this document resulted from representations by Seller. Mission Peak Brokers, Inc. and its agents can not and will not verify the accuracy or completeness of any information. Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process. Location: Menlo Park, California Franchise: Yes Real Estate: Leased Building Sq. Ft.: 2,200