Asset Sale, Santa Rosa Location, Ready For New Concept

Business Overview:

Year Established: 15 yearsUnder Current Owner: 15 yearsOrganization Type: N/AServices/Products: Retail sales, food, non-production, no hoodFFE: 8×8 walk in freezer, 2 door freezer, 2 and 3 door under-counter refrigerator, 3 compartment sink, grease trap, mop sink plus moreClient Composition: 100% RetailLease: 2259 SF, month to month, assignable, base rent $4,421, security $2,500Personnel: Buyer to provide, 10.95 of population works in food retailFinancial Demographics: 2010 newest data, Median income $75,967, 24.65 have income over $100,000, 31.5 with bachelor’s or higherHousing: 66,202 units, 52.6 owned, median price $699,000, with 431 building permits, median gross rents $1,971/mo. (2018)2,259 square foot retail food location with infrastructure, flooring, and ample space in prime downtown location with new residential and retail construction that will likely bring in new business in the near future.Great footprint for coffee, tea, bubble tea, cookie, or other food related retail product lines.Bring a new concept or expand brand presence of an existing business.AS-IS Asset sale only, cash, no terms available. Only buyers with plans ready to execute and verifiable funds will be considered. Landlord is cooperative and prepared for next steps.Contact Brian Bacher, baking industry expert and agent at 408.368.8160 or bbacher@sunbeltbayarea.net

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Reason for Selling:

Relocation

Additional Details:

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