Market with Hot Deli/Catering, Monterey Peninsula

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Call Us:

Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Gardena: (714) 987-6147
Irvine: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Reno: (775) 825-3948
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Seattle: 425-957-6180
Stockton: (800) 622-0192

Category:
M1705 - Markets & C-Stores

Location:
Northern California - Central Coast

Market with Hot Deli/Catering, Monterey Peninsula

Business Description:

Deal Fell Thru. Price Reduction. Full service 6000 Sq.ft. market has been in business on the Monterey Peninsula since the 50's. Known for its excellent hot deli, catering, & quality meat; delicious sandwiches, BBQ meats, daily hearty homemade soups, salads, & party platters. It also offers a large variety of craft beer, wine & services such as lottery & ATM machine. Market is located in a neighborhood shopping center with lots of parking & easy access. The owner has other businesses and now only works a few hours. Spouse is now working full time. Employees: now 1 full-time & 4 part-time. $60,000 inventory is extra. Divorce necessitates a quick sale. Back on market.


Asking Price: $259,000


Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

12 Months Ended

12/31/2016

$798,539
(Sales)

$63,431
(Adjusted Cash Flow)

12 Months Ended

12/31/2015

$803,142
(Sales)

$62,196
(Adjusted Cash Flow)

12 Months Ended

12/31/2014

$631,935
(Sales)

$56,019
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 1 4
Owners 0 2

Hours of Operation
Daily 8-8; Sundays 9-7

Licenses Required:

  • Business
  • ABC Type-20
  • Health
  • Food Handler

Lease

Monthly Rent Including NNN:
$9,442

Expires:
10/31/19

Option:
For 10 years

Size(sq.ft.):
6,000

Miscellaneous

Type of Organization:
S Corp

Reason for Sale:
Too busy with different career

Training:
3 weeks 19 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Gardena: (714) 987-6147
Irvine: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Reno: (775) 825-3948
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Seattle: 425-957-6180
Stockton: (800) 622-0192

Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.