Business Summary:
Tres Pinos Country Store complex consists of the owner run grocery/laundromat business and the real estate, priced together for $2,400,000. The real estate consists of 2 parcels and is for sale for $2,105,000. The main parcel, APN 022-21-044, is THE COMMERCIAL CENTER of Tres Pinos. The highway is the Gateway to The Pinnacles State Park. The building consists of 6 units with the store, hair salon, caf , coin laundry, motorcycle repair garage, and a 2000 SF upstairs apartment. The adjacent parcel , APN# 022-21-017, at 30-5th St is a 2 bedroom house with a large yard used for the rear parking of the commercial building in front.
Parcel A 5879 SF Rents: $7995 = $136/sf/mo
Parcel B 860 SF Rent $ 925 = $1.076/sf/mo
Total rents $ 8920 =$1.324/sf/mo
The owner operated business consists of a country store with a type 20 wine/beer license, 2 dispenser gas station outside, and a coin laundry in the same building complex. The business is priced at $295,000 plus $25,000 for fuel and store inventory. The business can be purchased singly or together with the real estate, but the 2 escrows must close simultaneously. The coin laundry s utilities, (PG&E and sewer) have been paid by the owner of the country store. Exhibit A Disclaimer: This has been an owner-occupied business where the owners have operated the store & laundromat. The owners have not actually received the rent for the store or the laundromat. For the purpose of selling the business & the real estate, there is an assigned estimated rent value of $3500. The Sellers do not warrant nor guarantee the actual rent the Buyer will pay or receive from the store or laundromat. Seller s Discretionary Income 2009: $108,360 from seller’s profit and loss statement.
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