Description of the business for sale
This is a 2408 SF convenience store with meat & full liquor license in Salinas. It is located in a shopping center with 42 retail stores & offices plus 9 upstairs office space spaces & suites, including 4+ regional/national tenants. Two of these other tenants offer daily labor & daily office workers, which bring customers in for check cashing & food items.
Also sold are a busy prepaid cell phone sales & plans. It also has commissions/service fees from lottery/Lotto; its own ATM machine; check cashing; money orders; money wiring; & water vending machine; & it is a designated utility payment center. There are 2 employees operating the meat dept which has a full kitchen to sell burritos. Inventory is estimated at $120,000 & is in addition to the purchase price. With its central location & a major outdoor entertainment facility nearby, this store is always busy. The owners are ready to retire after 16 years. This 2012 year is projected to be higher then 2011 with approximately $720,000 in revenue
Support / Training provided by seller
2 weeks, 20 hours/week
Description of the facilities
2408 SF inline convenience store located in busy shopping center with 42 retail stores & offices plus 9 upstairs office space spaces & suites, including 4+ regional/national tenants. Two of these other tenants offer daily labor & daily office workers, which bring customers in for check cashing & food items.
There is a full service meat counter with meat locker. Special counter for prepaid cell phone sales . Rent $3K/mo; CPI increases, lease to 2016. Option period available.