Last Revised: 9/12/19. Posting #: 251420
Key Words: market, grocery, monterey
Financial Info: Price: $1,150,000. Down: Call. Adjusted Net: Call. Rent $3,800/month + $350/month towards 50% of property tax & insurance. 6 Years Remaining on Current Term Plus 10 Years in Options. Gross Sales: ~$183,000/month. Financing: All Cash, SBA Eligible.
Profile: Located in a town south of Salinas. It is surrounded by residential housing, and other business. The store provides ample parking for customers who shop at market. Only a few blocks away from the US-101. Full butcher department, which brings in a large amount of customer who prefer fresh meat. Very well kept, and organized. Supporting local farms with their large selection of fresh produce,
Equipment Included: Cash Register with Scanner/Scale, Multiple Walk-In Coolers, Multiple Coolers, Multiple Walk Freezers, Glass Display Racks, Dairy Case, Vegetable Cold Case, Full Butcher Department, Shopping Carts, All Shelving, 16-Security Cameras with DVR & Monitor, Grease Receptor 18' x 24', Rotisserie, 4-Burner Gas Stove, Hood 3ft, and Much More. A full list of equipment is available with the Listing Broker.
Organization: Corporation | Square Footage: ~6,880 sq. ft. | Licenses Required: City Business License, Health Permit, SBOE, ABC Type-21 Liquor License (Included & Transferable) Tobacco License | Days Open/Hours: Daily 8am to 10pm (Winter), 8am to 9pm (Summer) | Reason for Sale: Other Business Interests.
Rent $3,800/month + $350/month towards 50% of property tax & insurance | 6 Years Remaining on Current Term Plus 10 Years in Options.
Gross Sales: ~$183,000/month (As Per Seller, Not Verified by Broker)
All Cash | SBA Eligible
For more details, please complete, sign and return the NDA (Confidentiality Agreement).
We obtain the information in this marketing package from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty and representation about it. It is submitted to the possibility of errors, omissions, change of price, rental or other conditions, prior to sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the business & Property. You and your tax or legal advisers should conduct your own investigation of property and transaction.
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