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Mendocino County, California
Asking Price
$5,500,000
Revenue
$2,705,174
Down
Call/Email
Cash Flow
Call/Email
Name: Harry Sidhu, CBB, CBI
Phone: Show phone number
Name
Harry Sidhu, CBB, CBI
Phone
Show phone number
Posting ID:
289627
Attributes:
Broker Cooperation
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CF : $ 94,000
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Description: Grocery Market located at 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: $6.,082/m (plus sewer charges ~$450 to $500/m). Lease: New 5yr lease plus one 5-year option for an eligible Buyer. Revenue: ~$106,000/Month plus $36,000+/yr rental income from Meat market and ~$60,000/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.
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Grocery Market - With Beer Wine License
$ 99,000
CF : $ 66,044
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Milpitas, California
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Subway Sandwich Restaurant - Well Known
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Description: Subway is an American multinational restaurant franchise that specializes in submarine sandwiches, wraps, salads, and drinks. With 20,603 locations in more than 100 countries and territories, Subway is the largest single-brand restaurant chain, and the largest restaurant operation in the world. This Subway sandwich restaurant is a QSR part of an extremely busy full-service gas station. Ideally located right on off and on ramp of major freeway exit. Recently remodeled in 2023. The current owner is not able to devote time to this business due to other business interests and is highly dependent on employees. Great upside potential for an owner operator. Equipment: shared Walk-in cooler, shared Walk-in Freezer, 2-Door Refrigerators, Bread Oven, Bread Proofer, Toaster, Sandwich Bar Line, Meat Slicer, Cash Register with POS, Main Counter, and much more. A complete list of equipment is available with the Listing Broker. General Information: Organization: Corporation | Square Footage:702 sq. ft. plus common areas | Licenses Required: City Bus License, Health Permit, Sellers Permit, Subway Franchise Agreement | Franchise Royalty 8%, Marketing Fees 4.5%, Franchise Transfer Fee (one time): $15,000 | Hours: Mon-Fri 5:00 am to 9:30 pm, Sat-Sun 8:00 am to 9:30 pm | Seating Capacity: 16 | Reason for Sale: Other Business Interests | Lease Information: Rent: $3,500/month gross including all utilities. Lease Term: Seller’s Lease ends June 20, 2026 plus two 5-year options fixed at $4,200/m and $5,040/m respectively. Revenue: Sales: ~$47,000/month (based on $10,800/week sales) (as per seller, not verified by the Broker) Financing: 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.
Richmond, California
Beer And Wine Garden - With Food, Laid Back
$ 299,000
Description: This popular outdoor community space that serves as a casual gathering spot for locals and visitors. Located in the coastal neighborhood, it offers a laid-back atmosphere with a focus on outdoor seating, local food truck, and live entertainment. The venue is known for its family-friendly vibe, with picnic tables, fire pits, and a rotating selection of food vendors that feature everything from BBQ to tacos and vegan options. In addition to food and drink, they often hosts events like live music performances, trivia nights, and community gatherings, making it a lively cultural hub in Richmond. Its rustic, open-air setting, with string lights and a relaxed ambiance, makes it a go-to spot for those looking to enjoy good food and community in a scenic part of the city. It's especially popular on weekends when locals come together to unwind and enjoy the Bay Area's mild weather. The sellers plan to exit the food industry and are willing to work with the new owner to ensure a smooth transition and provide training and support as needed. Buyers could carry on with the sellers’ concept and improve revenue by expanding business hours, taking advantage of online delivery services, or opting for concept conversion. Equipment: Food Trailer: 9’ hood, 2 burner stove, Deep Fryer, 38” flat top, two 2 Door sandwich prep tables, Oven, Salamander, Other: Pizza Oven, Coffee Maker, POS System, Freezer and Refrigerators, and much more. A complete list of equipment is available with the Listing Broker. General Information: Organization: LLC | Square Footage: Open Space 8500 Sq. Ft. | Licenses Required: City Bus Lic, Health Permit, Sellers Permit & Type-41 Beer & Wine License (included & transferable) | Hours: Thu 4 pm-8 pm, Fri-Sun: 11 am to 8 pm| Seating: 90 | Reason for Sale: Other Business Interests. Lease Information: Rent: $1,000/month gross Lease Term: Buyer to negotiate new lease with the landlord. Revenue: N/A – Asset Sale. Historic revenue for reference only: $658,000 in 2023 (as per Seller, not verified by the Broker) Financing: 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.
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