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PROPERTY DETAILS

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Asking Price: $99,000 Active
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Detail
Total Lot Size N/A
Price/Unit N/A
Total Build Area 3,500 Sq Ft
APN 0
Assessors Parcel # 0
Lot Number 0
Block Number N/A
Parcel/Sidewell# N/A
FF&E N/A
Down Payment N/A
Pro Forma IRR N/A
IRR N/A
Cash Flow N/A
Est Loan PYMT N/A
Inventory Included in Price No
Estimated Inventory $50,000
Franchise Y/N No
Franchise Transfer Fee N/A
Full Time Employees 2
Part Time Employees 8
Non Manager No
Lease 8
Options 2
Other Specifics 0
Air Rights N/A
Keys N/A
Beds N/A
Rooms N/A
Buildings N/A
Units N/A
Stories N/A
Ceiling Height N/A

Legal Descriptions

Income
Pro Forma CAP N/A
CAP Rate N/A
Pro Forma GRM N/A
GRM N/A
Pro Forma COCR N/A
COCR N/A
Cash Flow Before Tax (CFBT) N/A
Cash Flow After Tax (CFAT) N/A
Monthly Cash Flow N/A
Occupancy N/A
Gross Income $570,000
Gross Operating Income $570,000
Net Income $80,000
Net Operating Income $80,000
EBITDA $80,000
Lotto N/A
Cigarette Sales N/A
Grocery Sales N/A
Liquor Sales N/A
Check Cashing N/A
Food Sale N/A
Catering N/A
Parties N/A
Dine-In N/A
Bar Sales N/A
Annual Taxable Sales N/A
Annual Non-Tax Sales N/A
Annual Other Income N/A
Annual Rental Income N/A
Avg Rent / Unit N/A
Premium Sales N/A
Premium Markup N/A
Regular Sales N/A
Regular Markup N/A
Unleaded Sales N/A
Unleaded Markup N/A
Diesel Sales N/A
Diesel Markup N/A
Other Sales N/A
Other Markup N/A
Car Wash N/A
Car Wash Ann Rvn N/A
Has Market No
Market Ann Rvn N/A
Has Restaurant No
Restaurant Ann Rvn N/A
Expense
Monthly Rent $8,752
NNN N/A
Electric N/A
COG N/A
Payroll $12,000
Utilities $2,200
Insurance N/A
Advertising N/A
Other Expenses N/A
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.

Special Remarks
To receive more information please provide the following items
1. Signed NDA
2. PROOF OF FUNDS
3. LOI
We are not permitted to provide any more information without the signed NDA
Disclaimer
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.
Location:

Salinas, Monterey County, California

Listing ID: 100237
Purchase Price$ 750,000.00
% Down Payment20%
Interest Rate8.75%
Mortgage Length (years)30
Down Payment$ 187,000.00
Loan Amount$ 562, 500.00
PAYMENT WITH PRINCIPAL$ 4,425.00
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Listing Offered By
AJ Rana AJ Rana
Broker
CALBRE: 01724170
WhatsappPhoneEmail
CONTACT US
(from currently avible funds)
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Helpful Resources
William Michin, CPA, Certified Fraud Examiner Due Diligence
Although this is a franchise company... All data, information including all
measurements and calculations of area, is obtained from various sources and has
not been, and will not be verified by the broker for accuracy.
Call 805-123-4567
William Michin, CPA, Certified Fraud Examiner Due Diligence
Although this is a franchise company... All data, information including all
measurements and calculations of area, is obtained from various sources and has
not been, and will not be verified by the broker for accuracy.
Call 805-123-4567
William Michin, CPA, Certified Fraud Examiner Due Diligence
Although this is a franchise company... All data, information including all
measurements and calculations of area, is obtained from various sources and has
not been, and will not be verified by the broker for accuracy.
Call 805-123-4567
William Michin, CPA, Certified Fraud Examiner Due Diligence
Although this is a franchise company... All data, information including all
measurements and calculations of area, is obtained from various sources and has
not been, and will not be verified by the broker for accuracy.
Call 805-123-4567
William Michin, CPA, Certified Fraud Examiner Due Diligence
Although this is a franchise company... All data, information including all
measurements and calculations of area, is obtained from various sources and has
not been, and will not be verified by the broker for accuracy.
Call 805-123-4567