The Verde Lea Market has been popular among locals and tourists since 1946. It is located on the tourist route into Old Town Cottonwood. They have many restaurant specialties, some of which are listed under Office Remarks below. They also sell groceries and have a #10 liquor license. Same owners 16 years, Bill and Missy each work 32 hours per week and pay themselves approx. $100,000 per year plus benefits. Their business has actually INCREASED during the pandemic! If a buyer wants to buy the business only, they can buy it for $295,000 cash and lease the real estate for $3000/month (77 cents psf) with an option to buy the property for $400,000 or buy it all now for $695,000 cash. Owners will also carry with $295,000 down and the balance over 20 years @ 6.5% interest with a 15 year balloon.
Courtesy of: Sound Investments IDX information provided by the Sedona Verde Valley Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Updated: 22nd October, 2021 6:42 AM
Russ Lyon Sotheby's International Realty20 Roadrunner Drive, Suite ASedona, AZ 86336
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