Market with Real Estate in Historic Tourist Town

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Business Team Office Nearest You

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Call Us:

Eugene: 541-251-7700
Fresno: (800) 622-0192
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
Santa Rosa: (707) 327-2700
Seattle: 425-957-6180
Stockton: (800) 622-0192

Category:
M1903 - Markets & C-Stores

Location:
Northern California - South Bay

Market with Real Estate in Historic Tourist Town

Business Description:

This 6300 SF commercial building & business have been in the family 2 generations. The former market is now a convenience store with wine/beer license. The 20,410 SF commercially zoned property, with 25+ parking spaces, can also be used as offices, retail, warehouse, or up to 7 units multi-family residential. Property is reduced to $850,000; & can be sold FIRST separately for a different use only. Business is reduced to $70,000 plus $40,000 inventory. An experienced new food mart owner could maximize its value. 2 new housing developments are bringing new blood to this 150 yr. old historic town,where tourists come for street festivals & antiques. Seller is motivated.


Asking Price: $920,000


Real Property Available:
Yes

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Recast Earnings (Not Verified by Business Team)

12 Months Ended

12/31/2018

$145,678
(Sales)

$770
(Adjusted Cash Flow)

12 Months Ended

12/31/2017

$145,820
(Sales)

($5,989)
(Adjusted Cash Flow)

12 Months Ended

12/31/2016

$144,909
(Sales)

($10,677)
(Adjusted Cash Flow)

12 Months Ended

12/31/2015

$164,463
(Sales)

$5,930
(Adjusted Cash Flow)

Operations

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

Hours of Operation
M-Sat 9-8PM; Sun 11:30-8PM

Licenses Required:

  • ABC
  • Health
  • Business

Lease

Monthly Rent Including NNN:
$0

Expires:
0

Option:
No

Size(sq.ft.):
6,300

Miscellaneous

Type of Organization:
Sole Prop

Reason for Sale:
Retirement

Training:
2 weeks 20 hours

Contact us About this Listing

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

Call Us:

Eugene: 541-251-7700
Fresno: (800) 622-0192
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
Santa Rosa: (707) 327-2700
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.