Business Listing Image

Established Liquor Store with Grocery & Convenience Items, Real Estate Included

San Mateo, California Retail Trade Est. 1985

About this business

This established neighborhood grocery and convenience store has been operating since 1985, offering liquor, beer, wine, beverages, snacks, and everyday essentials to an upscale residential community. The business generates approximately $105,000 in monthly sales with a 40% gross profit margin. The property spans approximately 3,868 square feet of building space on a 0.347-acre lot with ample free parking in front and substantial storage space in the rear. This opportunity includes acquisition of both the operating business and the underlying real estate, providing an owner-operator with a complete turnkey asset. The business operates daily from 7 am to midnight and maintains all required licenses, including the transferable ABC Type-21 Liquor License, City Business License, Health Permit, Seller's Permit, and Tobacco Permit. Equipment included encompasses a cash register with scanner, 14-door walk-in beer cooler, 16-door walk-in beverage cooler, custom-made liquor wall shelving, wine displays, security cameras with DVR and monitor, and additional fixtures. Significant expansion opportunities exist through adding complementary services such as a deli or coffee service (subject to applicable approvals), expanding digital marketing, introducing online ordering, and partnering with third-party delivery platforms. The seller is committed to a smooth transition and will provide training and ongoing support to the new owner. SBA loan financing is available for eligible buyers.

Financial overview

Gross Revenue $1.3M
SDE Not disclosed
EBITDA Not disclosed
Fixed Assets Not disclosed
SDE Multiple —
Revenue Multiple 2.30×
SDE Margin —
See how this compares to the market
Industry median · fair value range · percentile rank

Location

San Mateo, California

Bridge Analysis

Pro feature
Market benchmark

See whether this asking price is high or low for its industry, compared to what businesses like it actually sell for.

Fair value range

Bridge's independent estimate of a fair price range, derived from industry multiples.

Industry outlook

Industry trends, key value drivers, and the risks to weigh before you make an offer.

Asking Price $2,900,000