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Crazy Tony's Old Town Market

Cottonwood, AZ

Seller Financing Available

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Asking Price:$175,000
Inventory:$40,000
FF&E:$210,000
Gross Revenue:$561,005
Rent:$2,570/Month
Established Year:2018
Listing ID: 2292910Listing provided by BizBuySell
BUSINESS DESCRIPTION

Turn key market on Main Street in Old Town Cottonwood, Northern Arizona. Great Opportunity!
Established Business for sale, plenty of parking, great visibility on the corner entrance to Main Street. " Crazy Tony's Old Town Market" carries so many items for people who are visiting or working on Main Street. Currently the store carries most items any convience store would carry, Beer/Wine, Candy, Coffee, Dairy, Fountain drinks, Gift Cards, Ice, Souvenirs, Tobacco, Lottery Tickets, etc. Visitors find it close and convienet while they are staying in one of the boutique hotels or Airbnb's. Customers can walk to the store & buy a bottle of wine,beer,water, get some snacks or food items for there stay, enjoy not having to drive anywhere.
Plus, there is an ice cream shop in the store, currently carrying "Thrifty Ice Cream", my favorite. There is a coffee bar corner in the store, so you can grab a quick beverage, without having to wait. Many visitors like just window shopping, walking up and down Main Street to see the sights, while enjoying their ice cream.
The City of Cottonwood has scheduled Main Street events and outdoor music that attracts people from all over Arizona. There is something for everyone, small shops, tasting rooms for the local winerys, restaurants with a variety of menus. This little town is booming with activity.
You must see it to realize the incredible experience of Main Street. Please don't bother the help, contact me directly. Thank you

DETAILED INFORMATION
Location
Cottonwood, AZ
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,200
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The facilities have considerable tenant improvements, including large window coolers for beverages & display, food coolers, freezers. Coffee machines, Ice cream cooler/freezers and machines, etc. Cash registers. Shelves for display, storage, etc. Currently there is a #10 liquor license, 5 year lease with 5 yr extension. Building is well taken care of with a great corner location.
Competition
The competition on Main Street is very little. There is only ONE Market on Main St. Great Corner Location. The sale of beer & wine is convienent for guests close to the Tavern Hotel or airbnb's who can walk to the market & buy their beverages & snacks before heading out for the day, when they return,to the hotel to relax at their room. There are 2 shops that sell ice cream but are not close. During events the town is packed & the people are visiting from so many different places there is plenty of business. On an everyday occurance it still gets busy.
Growth & Expansion
The current owner has owned & operated many successful businesses. The corner location has great visibility. Potentially the opportunities are endless. Old Town is growing with the newest restaurant built by Manynard, winemaker & musician, the Merkin. A "New" owner could tap into the wine tasting industry. Shopping, Events, Entertainment, Food, Old Town Cottonwood has always been a popular getaway.Plenty of parking and great weather for outdoor activities,hiking, river kayaking. This would be a fantastic opportunity for someone with innovative ideas.
Financing
Seller would consider a seller carry if the buyer could put half down.
Support & Training
The buyer should have some knowledge of retail and small market experience. Or have an experienced manager. The staff is willing to stay if the new owner wishes. If the buyer needs some guidance & support from the current owner, he is willing to do that. He grew up in Cottonwood and has good resources.
Reason for Selling
Owner is retiring
BUSINESS LOCATION
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Sherry Sentgeorge
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Sherry Sentgeorge
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