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PROPERTY DETAILS

Sell your business or commercial property?
Asking Price $299,000
Gross Income $670,000
EBITDA $80,000
Monthly Rent $8,752
Lease Left 8 Years
CAP Rate N/A
FF&E N/A
Established N/A
Rent/Month $8,752
Down PYMT N/A
Cash Flow N/A
Net Income $80,000
Payroll $12,000
Option Terms 2X5 Years
IRR N/A
Inventory $50,000
SQFT 3,500
Lease Terms 8+2
Est Loan PYMT N/A
GOI $670,000
CFBT N/A
NOI N/A
Cap Rate N/A
GRM N/A
Down Payment N/A
Lot Size N/A
Bulidings N/A
Rooms N/A
Units N/A
Occupied N/A
Year Built N/A
Parking Spaces N/A
APN N/A
Lot Number N/A
Parcel/SIdewell# N/A
Monthly Cash Flow N/A
CFAT N/A
Occupancy N/A
IRR N/A
COCR N/A
Loan Payment N/A
Sq Ft N/A
Stories N/A
Beds N/A
Price/Unit N/A
Price/ Rooms N/A
Price Square Foot N/A
Year(s) Renovated N/A
Air Rights N/A
Assessors Parcel # N/A
Block Number N/A
Legal Descriptions N/A
* Not Included in the asking Price
Description

Price Reduced! MUST SEE INSIDE 28 YEARS ESTABLISHMENT! Liquor store with an exquisite beer/wine bar in Salina, Monterey County, is filled with fun and unique things everywhere. This Wine & Beer Bar has a relaxed, comfortable atmosphere with a large seating area. Located in the heart of the fasting growing community in the county and state with ideal demographics, this store has plenty of room for growth for a motivated owner to drive new opportunities. There is a lot of catering demand, and the current owner is not motivated to full fill the demand.
Wine & Beer bar combined with an extensive selection of wine, beer, Liquor, chocolates, and gifts for retail sale.
New buyers should bring in the lotto and other services.
The Inventory is not included in the list price. The owner expects to negotiate inventory sales at the time of the business sale.
The owner is selling due to family reasons.

NOTE: THIS IS ALL CASH DEAL THE BUSINESS WILL NOT QUALIFY FOR SBA FINANCING. OWNER MAY CARRY SOME TO A QUALIFIED BUYER!
MUST SHOW PROOF OF FUNDS BEFORE VISIT THE LOCATION!

The financial information was supplied by the seller and has not been verified and will not be verified by the broker. The broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Listing Contacts
ajrana
  • AJ Rana - 1999 S Bascom Ave
  • Campbell, CA 95008
  • Phone: 408-780-2200
  • Phone Alt:510-737-8500
Location
Monterey County, California
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(from currently avible funds)
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