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Date: 11/20/19 11:00AM
Auction: SANDWICH (CAPE COD), MA - TURNKEY SEAFOOD & FISH MARKET W/ WHOLESALE POTENTIAL
Ref No.: 19-1849
8 Gallo Rd., Sandwich, MA
Turnkey Business Opportunity
Retirement Forces Sale
6,020+/- sf. Building on 1.64+/- ac. - Built in 2017
Currently Operating as a Retail Fish & Seafood Market k/a "Mr. Vaudo's Fish Market"
Property Well-Suited for Wholesale Distribution
1 Loading Dock, 1 Drive-in Door, 2 Walk-in Coolers
Cooking Room w/ 3 Sinks
20,000 Gal. Sea Water Holding Tank
Seafood Display Case w/ Glass
600 Amp Service, Town Water/Private Septic
Leasehold Improvement w/ Amenities/Equipment
Building & Equipment in Excellent Condition
There are (2) 10-year Leases
Current owner is in 3rd year of 1st 10-year lease
At the end of the 1st lease, there is an option to purchase the land
Terms: 10% deposit of which $25,000 must be presented by certified or bank check at the auction. Remainder of the 10% deposit in wire transfer, certified or bank check due w/in 48 hours. 45 days to close. 10% buyer's premium will be added to the final bid and that sum shall constitute the purchase price. Complete terms & conditions in Property Information Package (PIP). Other terms, if any, to be announced at the sale. Announcements or changes made from the auction block or within the purchase agreement take precedence over any previously printed materials or oral statements made.
Property Tour: Thursday, November 14th (2pm-4pm)
Pre-Auction Offers: Must be tendered on a signed JJManning approved P&S Agreement & accompanied by a 10% certified deposit in certified or bank check or by confirmed wire transfer.
Buyer's Broker Terms: Up to 2% Broker Commission Offered. Mandatory 24-hour broker pre-registration. Click link on right-hand side for full terms & registration page.
MA Co Lic #3184
MORE INFORMATION COMING SOON
See Inventory List in Property Info Package
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