Newark, CA 94560,39978 Cedar Blvd
Newark, CA 94560,39978 Cedar Blvd
Newark, CA 94560,39978 Cedar Blvd
Listed by Liberty Uy • RL Dynasty Realty & Development LLC
$220,000
Est. payment /mo
Est.Price: ?

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8,700 Sqft Lot
SOLD DATE : 09/13/2024

Key Details

Sold Price $220,000

Property Type Business Opportunity

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 01-41025412

Year Built 1980

Lot Size 8,700 Sqft

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.

Location

State CA

County Alameda

Zoning comm

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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