Warren’s Market,Liquor/Butcher Shop
BUSINESS OPPORTUNITY ONLY
First established by Mr. Warren Hall in 1965, Warrens Market, Liquor and Butcher shop has served the Yuba City community for over 50 years!
The current owners; The Brar family have owned since 2011 and are retiring.
SUCCESSFUL NEIGHBORHOOD MARKET WITH BEER, WINE, & LIQUOR.
Located on a very busy street with lots of rooftops and residential income properties. Just down the street from 3 schools; Yuba City High School, Park Avenue Grammar School, and St. Isadore’s/ Church School. Lots of walk-in and drive up traffic. Little competition in the area! Corner lot with 18 parking spaces and on street parking.
Fantastic opportunity for owner operator with tremendous room to grow!
INVENTORY: Not included in purchase price
MACHINERY and EQUIPMENT: Included with purchase price
FACITILIES: This well-known and established neighborhood store offers a “TurnKey” opportunity for buyer to expand the complete Butcher and Meat shop located in the back of the store. NEW BUYER can add additional income streams w/SUPER LOTTO/LOTTERY and WIC programs. Store offers over 4,724 square, (2) walk-in cooler boxes and meat storage locker, plus all the store fixtures and equipment you need!
Excellent signage and location in Central South Yuba City!
Inventory estimated to be $ 50,000 to $ 60,000 not included with price
LEASE: Modified gross lease at $ 3,000/month. Please see Lease agreement in Auction package
LICENSE: 21-ABC OFF SALE
REVENUE: $ 380,000 approx.
CASH FLOW: $ 63,200 approx.
Hurry to get your Bidders/Buyer’s Auction Package! Auction is tomorrow !!!
BUYER’S MUST BE PRE-APPROVED AND QUALIFIED TO BID !!
AGENTS MUST REGISTER YOUR BUYER’S TODAY TO QUALIFY FOR commission split.
BID LIVE, ON-LINE, and ON-SITE !
TERMS and CONDITIONS: BUSINESS OPPORTUNITY ONLY To be sold to the highest bidder! Price includes fixtures and equipment, Subject to Seller’s reserve. In addition to the bid price, Buyer agrees to pay a 10% Buyer’s Premium for the Total Purchase Price. $ 15,000 refundable depost in the form of a cashier’s check due at registration. Buyer agrees to purchase all inventory, at wholesale cost based upon inventory taken by Buyer and Seller prior to close of escrow. Buyer responsible for the cost associated with license and permit transfers. Balance of funds due on September 1, 2015. Other fees/inventory due at close of escrow September 12, 2015 (30 day Escrow). NO EXTENSIONS-NO EXCEPTIONS. Buyer is reponsible for any desired inspections prior to auction. Bidders must approve any and all disclosures prior to aucton. All fixtures and equipment, including the Business is being sold in it’s “AS-IS” condition and Buyer confirms they have inpected the property.
By participating in this auction, bidders hereby agree that their bid SHALL NOT BE SUBJECT TO the bidders ability to obtain financing. By placing a bid in this auction, bidders are making a “cash offer” to purchase the Business and Inventory. FINANCING is NOT A CONTIGENCY IN THIS PURCHASE. NO CONTIGENCIES PERIOD.
All announcements made the Day of the Auction supersede all advertising and promotional materials. Auctioneer reserves the right to remove or cancel any Buyers bid that is not in the best interest of the seller. If you have not read and reviewed all the dissclosure and purchase contracts, DO NOT BID!
AUCTIONEERS ARE AGENTS FOR THE SELLER ONLY
BROKER CO-OP and BUYER AGENT FEES must be pre-approved by 5:00 pm TUESDAY August 11th, 2015. NO EXCEPTIONS
ADDITIONAL On-line Buyer’s terms listed under TERMS at top of the web site page.
BUYER’S MUST PRE-APPROVE AUCTION PACKAGE IN ORDER TO QUALIFY TO BID !!!!!
TAKE STATE HWY 99 SOUTH TO Franklin Road. EAST on Franklin Road to Clark Avenue. SOUTH on Clark Avenue to store on Left side. N.E.corner of Clark and Morton Street.