$1,499,000.00
Asking Price
Address: Salinas,
Status: Active
Posting ID: 287713
7/24/24
Description
Description:
This grocery market located at the extremely busy signalized intersection is a well-known neighborhood grocery store in Salinas, California, recognized for its friendly service and quality products. Originally established in 1953, this Market is one of the oldest markets in Salinas. The market offers a variety of everyday essentials, including fresh produce, meats, dairy, and general grocery items, Beer/Wine, beverages catering to the diverse needs of the community. It is conveniently located, making it easily accessible to local residents. Located in a neighborhood that reflects the vibrant and diverse character of Salinas. The area around the market is primarily residential, with a mix of single-family homes and apartment complexes, providing a close-knit community atmosphere. Great upside potential for Buyers by extending business hours and adding more diverse inventory to cater young clientele. Meat market is rented out at $3000/m. Room for expansion.
Equipment:
3 Cash Register terminals with scanner, 14-door Walk-in cooler, 5-door Walk-in cooler, 24’ meat display cooler, Walk-in Freezer,12’ produce cooler, Security system with DVR, Gondola Shelving and much more. A complete list of equipment is available with the Listing Broker.
General Information:
Organization: Corporation | Bldg Size:3,500 sq. ft. | Licenses Required: City Bus Lic, Health Permit, Sellers Permit, ABC Type-20 Beer & Wine License (Included & Transferable), Tobacco License | Hours: 8 am – 11 pm daily | Reason for Sale: Other Business Interests |
Lease Information:
Rent: $5,842/m (plus sewer charges ~$450 to $500/m).
Lease: New 5yr lease plus one 5-year option for an eligible Buyer.
Revenue:
~$120,000/Month plus $36,000+/yr rental income from Meat market and ~$48,000/yr Lottery commission income. (As per Seller, not verified by the Broker)
Financing: SBA/All Cash
All information contained in this document resulted from representations by Seller. Mission Peak Brokers, Inc. and its agents can not and will not verify the accuracy or completeness of any information. Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process.
To get more information about this Grocery Market - With Beer Wine License business for sale in Salinas please phone Harry Sidhu, CBB, CBI (Intermediary, ProBuySell Member, Broker - BRE License #:01433114) at 510-490-9705 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #287713 on BizBen.com. In addition to phoning Harry Sidhu, CBB, CBI, make sure you email Harry Sidhu, CBB, CBI above to get more info about this Grocery Market - With Beer Wine License, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01433114. Mission Peak Brokers, Inc..
Contact
Details
Asking Price: $1,499,000.00
Down: Call/Email
Cash Flow: Call/Email
Revenue: $1,440,000.00
Area: Salinas
City: Salinas
Attributes:
My Notes About This Listing
Cash flow
Call/Email
Revenue
$1,000,000
Down
$10,000
Posting: 287841 | Available | 9/10/24
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Revenue
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Cash flow
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Revenue
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Cash flow
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Revenue
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Down
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Cash flow
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
$11,566,788
Down
Call/Email
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Asking Price
Call/Email
Cash flow
Call/Email
Revenue
Call/Email
Down
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Asking Price
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Cash flow
$120,000
Revenue
$1,750,000
Down
$350,000
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Cash flow
$500,000
Revenue
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Down
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Asking Price
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Cash flow
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Revenue
$1,400,000
Down
Call/Email
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Asking Price
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Cash flow
Call/Email
Revenue
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Down
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Asking Price
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Cash flow
Call/Email
Revenue
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Down
Call/Email
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Cash flow
$315,012
Revenue
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Down
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Cash flow
$108,081
Revenue
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Down
$250,000
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Asking Price
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Cash flow
Call/Email
Revenue
Call/Email
Down
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Cash flow
$590,250
Revenue
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Down
$3,250,000
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Asking Price
$6,500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286913 | Available | 9/7/24
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Asking Price
$108,000
Cash flow
$145,000
Revenue
$550,000
Down
$20
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Asking Price
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Cash flow
Call/Email
Revenue
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Down
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Posting: 286916 | Available | 9/7/24
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Asking Price
$749,000
Cash flow
On Request
Revenue
$600,000
Down
$1,035,000
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$1,035,000
Cash flow
Call/Email
Revenue
$907,962
Down
$125,000
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Asking Price
$125,000
Cash flow
Call/Email
Revenue
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Down
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Posting: 279812 | Available | 9/7/24
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Asking Price
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Cash flow
$200,000
Revenue
$1,600,000
Down
Cash Only
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Asking Price
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Cash flow
$78,080
Revenue
$111,542
Down
$100,000
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Asking Price
$119,115
Total Investment
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Min Liquid Cash
Call/Email
Net Worth
N/A
Posting: 284296 | Available | 9/10/24
More than just a business opportunity. Own a profitable business in one of the least saturated industries in the country even if you have no experience. The thousands of people who win law suits daily are all your potential customers.
Franchise Fee
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Cash flow
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Revenue
$26,912,323
Down
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Asking Price
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McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
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