• Listing ID: 1279631
  • (Seller ref: M1132-FC)
  • (Broker license number: 01152802)

Market With Meat In Salinas Valley For Sale


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Category:
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Asking price:
$360,000 (Furniture / Fixtures included)
Sales revenue:
$1,108,000
Cash flow:
$74,161
Years established:
1943
Employees:
FT3 PT2


Meat Department

Meat Department

1/3


Neighborhood market with butcher shop, produce & wine/beer license in a busy Salinas Valley town. Meat service has 2 butchers, making their own chorizo; traditional personal service display. Has produce section, general merchandise. Owner & family have operated for 43 years & want to retire. The 4300 SF building is on 3 lots (16,250 SF) with a 3 bedroom house on the property which could also be leased. The busy store has over $1.1M sales. Has money transfers. Re-applying for lottery. A new owner can add check cashing & money orders in this residential neighborhood location.


Real Estate:
Lease
Lease terms:
$4000/mo. Other terms to be negotiated.
Business owners also own the property.
Leasehold rent:
$48,000 per annum
Location:
Neighborhood Market on a through street;
Premises details:
4300 SF market with full butcher shop, produce display, beverage coolers and general merchandise gondolas. Has own parking lot.
Size in square feet:
4300 SF

Planning consent:
Currently operating as a market
Support & training:
2 weeks 20 hours per wk
Reasons for selling:
Retiring after 43 years; family unable to help
Trading hours:
Daily 8-9
Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:
With $180,000 down the owners will finance $180K @ 6.5 % interest
Inventory / Stock value:
$180,000
Related documents:

For more information about this business for sale, click the Contact Seller button.


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