Liquor Store $150,000 Net Profit
$150,000 Net Profit
This liquor store is in a prime location in a desirable part of San Francisco. It boasts a spacious layout with a large underground storage area. The property has an excellent lease, offering the potential to expand the business by introducing food items such as pizza or pastries. Situated on a busy corner, it serves as a convenient gathering spot for local shoppers.
According to the owner, the store generates over $70,000 in monthly sales with a markup of 35% to 40%, plus an additional $15,000 per month from lottery sales. The 3,000 sq. ft. space has a monthly rent of $5,000, utilities averaging $2,000, and credit card processing fees of approximately $1,100. The absentee owner currently spends $7,000 per month on labor.
With the current setup, the absentee owner earns around $10,000 per month. However, an owner-operator could generate over $150,000 annually. SERIOUS BUYERS MUST SHOW PROOF OF FUNDS.
