Convenience Store with Beer & Wine License - San Jose, CA

This listing presents a long-standing convenience store located in San Jose, California, boasting over 30 years of operation and holding an OFF-SALE Beer & Wine license. Established in 1993, the business has cultivated a loyal customer base through consistent, repeat sales. The current ownership, in place since 2021, has maintained successful operations. The store offers a diverse product mix including beer, wine, tobacco, groceries, and general convenience items, positioning it as a recession-resistant business opportunity. The premises span approximately 2,700 sq. ft. The lease is set to expire on 10/30/2029, with an option for a 5-year extension. Monthly rent is $5,000 plus approximately $400 for insurance. The business employs one full-time and one part-time staff member. Inventory is valued at approximately $40,000, which is not included in the asking price. Gross sales are reported by the seller to be around $70,000 per month, excluding Lotto sales. The seller is motivated by other business interests and will provide two weeks of training post-escrow. Financial verification is limited to bank statements provided by the seller, who prefers in-person meetings after an NDA is signed. The listing broker has not verified the accuracy of the information provided.