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San Ardo, Monterey County, California
Miller's Market
Asking Price
$650,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
Call/Email
Name: Mark Burnes
Phone: Show phone number
Name
Mark Burnes
Phone
Show phone number
Business & Property Description
In addition to the market, there is a lunch counter, and outside seating are currently not being utilized. The vacant commercial space next to the market could either be leased out or utilized to expand the business further. Also, the current owners do not use any form of electronic payment - adding such could further increase the $110k cash-only NOI from 2024.
The owners are retiring to move back east with their son, whom they raised and put through medical school with this business. (they bought the business and properties from the Millers, who ran it for 32 years prior—so this is a business that is nearly 70 years old.. This is the ultimate family business and compound.
The business and each parcel can be purchased separately: Biz Op $275k, Commercial Property $300k. Residence $275k, or $650k for all on a quick clean deal.
Business Details
Year Established:
1955
Employees:
0
Reason for sale:
The owners are retiring after 38 years of owning and running Miller's Market.
Support & Training:
Yes
Property Information
Building Size (Total):
2,499 sqft
Net Rentable:
2,499 sqft
Investment Information
Net Operating Income:
$110,000
Posting Information
Posting ID:
5969599
Attributes:
Broker Cooperation
Training And Support
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Posting Title
Miller's Market
Posting ID
#5969599
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Agent, Broker or Seller Contact
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