Market With Meat In Salinas Valley For Sale

Business description

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.

Property information

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

Business Operation

Reasons for selling:

Retiring after 43 years; family unable to help

Trading hours:

Daily 8-9

Employees:

FT3 PT2

Years established:

1943

Other information

Support & training:

2 weeks 20 hours per wk

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:

• 
• Non-Disclosure Agreement