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Address not disclosed Seaside, CA 93955
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Key Details
Sold Price $500,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81773144
Sold Date 01/29/20
HOA Y/N No
Lot Size 2,042 Sqft
Property Description
Mattress Business has 3 store locations in the Monterey Bay Area plus a warehouse - Top selection of brands including "Tempur-Pedic, Beautyrest, Serta, and Stearns & Foster, as well as bedroom and living room furniture. Yearly increasing sales, fast-growing multi-store chain in premium locations. The financials include all 4 locations. The latest adjusted net income is $704,000 -which has increased 20% since 2016. ***AUCTION: Price reduction - Offers are being accepted between 10/18 and 11/16. SBA pre-approved with $339,000 down payment. 5-star yelp reviews.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning Commercial
Interior
Fireplace No
Exterior
Total Parking Spaces 10
Others
Financing Conventional
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Bought with Ian Machachlan • Business Team