Sharon & Chuck Smiar
Sharon's Direct Line:760-505-6653
Chuck's Direct Line:760-533-6653
1895 Centre City Parkway
Escondido, CA
92025 US

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Property for sale: 26948 N Broadway in Escondido

26948 N Broadway Escondido

Main Photo: Property for sale: 26948 N Broadway in Escondido
$10,500,000
Prop. Type:
Com-BusOp
MLS® Num:
200021399
Status:
Active
Bus Major:
Wholesale Mushrooms
This is an operating mushroom farm. It was established in 1952. The farm sits on over 7 acres and the owner had purchased an additional ,contiguous 9 acres. There is room to expand the farm . A new owner with the ability to infuse cash into the operation could bring it to its highest and best use. This farm was producing over 6,000,000 pounds of high quality white button mushrooms and smaller amounts of other types of mushrooms. It is in full compliance with permits and does E-Verify. OWNER WILL LOOK AT ALL OFFERS/ Financials with an NDA signed
Price Per SqFt:
18.42
Lot Size Commercial:
10.0 through 20.0 Acres
Business Name:
Mountain Meadow Mushroom
Major Business Type:
Wholesale Mushrooms
How Long Established:
68
County:
San Diego
Market Area:
North County
Geological Hazard Zone:
Hazard Unknown
Gross profit:
1000000
Total gross sales:
6000000
Cost of sales:
2500000.0
Taxes expense:
56000
Total expenses:
1300000.0
Accounting expense:
69000.0
Owner salary:
140000.0
Manager salary:
100000.0
Payroll expense:
3000000.0
Phone expense:
10000.0
Projected gross sales:
6000000.0
Actual gross sales:
9000000
Projected owner salary:
140000.0
Projected manager salary:
100000.0
Actual payroll tax:
250000.0
Projected rent expense:
0.0
Projected taxes expense:
56000
Actual interest:
262000.0
Projected interest:
260000.0
Actual depreciation:
570000.0
Projected depreciation:
500000.0
Motive / Want:
0
Property sits north end of Escondido, Ca. off of North Broadway. "NO NOT ENTER PROPERTY WITHOUT LISTING AGENT"
Short Sale:
No
Sales Restrictions:
Call Agent
Price Includes Real Estate:
Yes
Price Includes Equipment:
Yes
Price Includes Goodwill:
Yes
Price Includes Inventory:
Yes
Price Includes License:
Yes
Owner Train Employees:
YES
Data was last updated August 9, 2020 at 05:10 PM (UTC)