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Coastal San Diego

  • Listing No.: 106-15205

  • Category: Convenience

Asking Price $199,000
Down Payment
Gross Revenue $383,431
Total Adjusted Net Income $63,392
Equipment/Fixtures $37,000
Year Established 1986
General Location Coastal San Diego
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The only liquor and convenience store in a 2 mile radius of an affluent beach community!  This high-traffic, 1,100 sq ft location has an established history spanning over 35 years with a strong, loyal customer base.  The busy deli inside the store also generates consistent additional revenue.  Type 21 Liquor License to be transferred to the buyer and clean financials and tax returns validate business performance.  $60,000 of inventory to be purchased separately.  Seller is ready to retire and wants to transfer the business to the right buyer. 

Gross Revenue $383,431 Listed Price $199,000
Total Income $63,392 Down Payment
Base Rent $0 Square Feet 1100
Total Rent $6,037 Lease Expiration 9/2018
Rent Deposit $0 Lease Options
Inventory $0 Leasehold Improvements
Equipment/ Fixtures $37,000 Other Assets
Full-Time Employees 0 Training Period 2 weeks
Part-Time Employees 2 Special License Required
Contract Staff 0 Reason for Selling Retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.