Two Boutique Stores Offering Fine Wine, Artisan Cheeses, Oils...

Two Boutique Stores Offering Fine Wine, Artisan Cheeses, Oils and Vinegars from around the World RRC#: 4188 Asking Price: $899,000 Location: Alameda County Annual Revenue: $2,140,128 Annual Cash Flow: $328,653 Monthly Rent: $8,333 Including NNN Expiration: April 2027 plus 5 year Option Listing Description: SBA pre-approved for an 85% loan to all well-qualified Buyers with business acumen and good credit. Asking price $899,000 plus $300k - $400k in purchase inventory, therefore only $195,000 down . This highly successful business was founded nineteen years ago with two stores, 875 sq ft and 1270 sq ft with total annual revenues in excess of $2.1 million at rent of only $100,000 combined. A rare ABC Type 42 & 20 transfer with the sale. The Type 42 allows for public wine tastings on site without food, a license currently not issued. Profits in 2021 $328,000. Both stores are located in upscale areas of Alameda County and attract discerning clientele. Both shops operate seven days per week. 12 employees run the day to day opening and closings while the owner provides the buying and stock control process. This is a well-established business in the area and the opportunity to grow further stores would require minimal investment and should be in a Buyer's game plan to enjoy future growth and increased profits. To receive more information and discuss this opportunity with the broker along with the broker's connections for a long-term SBA loan solution please complete the 'Non-Disclosure Agreement' on our website and we'll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We'll also send you the Broker's direct contact information so you can discuss this opportunity in more detail. General Information: Organization: LLC Year Established: 2003 Employees: 10 Reason For Sale: Other Interests Financial Information: Monthly Revenue: $178,344 Monthly Cash Flow: $27,388 Annual Revenue: $2,140,128 Annual Cash Flow: $328,653 Annual Payroll: $309,457 Facilities: Square Feet: 1270 & 875 Seating: Contact for Info Parking: Parking Lot and Street Days/Hours of Operation: 11am - 6pm and 9.30am -8pm Daily Location: Alameda County, California Year Established: 2003 Number of Employees: 10 Real Estate: Leased Building Sq. Ft.: 2,145 Rent: $8,333.00 Per Month Facilities: Square Feet: 1270 & 875 Seating: Contact for Info Parking: Parking Lot and Street