Top Businesses for Sale in Monterey: What You Need to Know
1. Cannery Row Antique Mall
Cannery Row Antique Mall is a treasure trove for antique lovers. Located in the heart of Monterey, this mall offers a wide variety of vintage items, from furniture to collectibles. It’s a must-visit for anyone looking to add a unique piece to their collection.
- Over 100 dealers under one roof
- Items range from vintage jewelry to antique furniture
- Conveniently located near other popular attractions
Whether you’re a seasoned collector or just browsing, you’ll find something special at Cannery Row Antique Mall. The friendly staff is always ready to help you find that perfect item.
Cannery Row Antique Mall is not just a store; it’s an experience that takes you back in time.
2. Monterey Bay Kayaks
Monterey Bay Kayaks is a fantastic opportunity for those looking to dive into the water sports industry. This business for sale Monterey offers a unique chance to own a well-established company with a strong customer base.
Monterey Bay Kayaks provides:
- Guided tours
- Kayak rentals
- Stand-up paddleboard rentals
- Lessons for beginners
The business has been around for years and has a great reputation. It’s perfect for someone who loves the ocean and wants to share that passion with others.
With the help of First Choice Business Brokers Monterey, you can make this dream a reality. They will guide you through the process and ensure everything goes smoothly.
If you’re interested in a business that combines fun and profit, Monterey Bay Kayaks is worth considering.
3. Old Fisherman’s Grotto
Old Fisherman’s Grotto is a well-known seafood restaurant located on Monterey’s historic Fisherman’s Wharf. This iconic eatery has been serving delicious seafood dishes for decades, making it a staple in the community. The restaurant is famous for its clam chowder, which has won numerous awards over the years.
Key Features
- Prime location on Fisherman’s Wharf
- Established customer base
- Award-winning clam chowder
- Full-service bar
- Outdoor seating with ocean views
Financial Overview
| Feature | Details |
| Asking Price | $2,500,000 |
| Annual Revenue | $3,000,000 |
| Cash Flow | $500,000 |
| Inventory Included | Yes |
Owning Old Fisherman’s Grotto offers a unique opportunity to be part of Monterey’s rich maritime history while running a profitable business.
If you’re looking for a business with a strong reputation and a loyal customer base, Old Fisherman’s Grotto is an excellent choice.
4. Monterey Plaza Hotel & Spa
Monterey Plaza Hotel & Spa is a luxurious waterfront property that offers stunning views of the Pacific Ocean. This hotel is a prime investment opportunity due to its high occupancy rates and excellent reputation.
Key Features
- Located on Cannery Row, a popular tourist destination
- Offers a full-service spa, fine dining, and event spaces
- Rooms with ocean views and modern amenities
Financial Overview
| Feature | Details |
| Occupancy Rate | 85% |
| Average Daily Rate | $350 |
| Annual Revenue | $25 million |
Investing in Monterey Plaza Hotel & Spa means owning a piece of Monterey’s vibrant hospitality industry. The hotel’s prime location and top-notch services make it a standout choice for potential buyers.
5. Paris Bakery Cafe
Paris Bakery Cafe is a beloved spot in Monterey, known for its delicious pastries and cozy atmosphere. This charming cafe offers a taste of France right in the heart of California. From fresh croissants to mouth-watering eclairs, there’s something for everyone.
Key Features
- Location: Situated in a prime area, attracting both locals and tourists.
- Menu: Offers a wide variety of baked goods, sandwiches, and coffee.
- Ambiance: Cozy and welcoming, perfect for a relaxing break.
Financials
| Feature | Details |
| Asking Price | $500,000 |
| Annual Revenue | $300,000 |
| Net Profit | $80,000 |
Owning Paris Bakery Cafe is not just about running a business; it’s about becoming a part of the community and sharing the joy of good food.
6. Adventures by the Sea
Adventures by the Sea is a well-known business in Monterey, offering a variety of outdoor activities. This business is perfect for those who love the ocean and outdoor adventures. They provide rentals for bikes, kayaks, and paddleboards, making it easy for tourists and locals to explore the beautiful coastline.
Key Features
- Location: Prime spot near the beach, attracting many visitors.
- Services: Rentals for bikes, kayaks, and paddleboards.
- Customer Base: Both tourists and locals.
Financial Overview
| Feature | Details |
| Annual Revenue | $500,000 |
| Operating Costs | $200,000 |
| Net Profit | $300,000 |
Owning this business means you get to work in one of the most beautiful places in Monterey, with a steady stream of customers year-round.
7. Monterey Bay Whale Watch
Monterey Bay Whale Watch is a fantastic business opportunity for those passionate about marine life and tourism. This business offers guided whale watching tours, providing unforgettable experiences for visitors. The tours are led by experienced marine biologists who share their knowledge about the diverse marine ecosystem of Monterey Bay.
Key Features
- Established customer base
- High ratings and positive reviews
- Experienced and knowledgeable staff
- Prime location with easy access to the bay
Financial Overview
| Feature | Details |
| Annual Revenue | $1,200,000 |
| Net Profit | $300,000 |
| Asking Price | $2,500,000 |
Owning Monterey Bay Whale Watch means being part of a community that values marine conservation and education. It’s not just a business; it’s a way to make a difference.
8. Rosine’s Restaurant
Rosine’s Restaurant is a beloved spot in Monterey, known for its hearty meals and welcoming atmosphere. This family-owned restaurant has been serving the community for decades, making it a staple in the local dining scene.
Key Features
- Location: Situated in the heart of downtown Monterey, making it easily accessible.
- Menu: Offers a wide variety of dishes, from classic American breakfasts to delicious dinners.
- Reputation: Known for its friendly service and home-cooked meals.
Financials
| Feature | Details |
| Asking Price | $1,200,000 |
| Annual Revenue | $800,000 |
| Net Profit | $150,000 |
Owning Rosine’s Restaurant is not just about running a business; it’s about becoming a part of Monterey’s rich culinary history.
If you’re looking for a business with a strong community presence and a loyal customer base, Rosine’s Restaurant is a fantastic option.
9. Monterey Touring Vehicles
Monterey Touring Vehicles offers a unique business opportunity for car enthusiasts. This business specializes in renting out classic and vintage cars, allowing customers to experience the charm of driving a piece of history. It’s a perfect venture for someone passionate about automobiles and customer service.
Key Features
- Diverse Fleet: The business boasts a wide range of vehicles, from classic American muscle cars to elegant European models.
- Established Clientele: With a loyal customer base, the business enjoys repeat clients and strong word-of-mouth referrals.
- Prime Location: Situated in Monterey, a popular tourist destination, the business benefits from high foot traffic and a steady stream of visitors.
Financial Overview
| Feature | Details |
| Annual Revenue | $500,000 |
| Net Profit | $150,000 |
| Asking Price | $1,200,000 |
Owning Monterey Touring Vehicles is not just about profits; it’s about sharing a love for classic cars with others. This business offers a blend of passion and profitability, making it a unique investment opportunity.
10. Monterey Cookhouse
Monterey Cookhouse is a popular spot for both locals and tourists. This restaurant is known for its wood-fired dishes and cozy atmosphere. If you’re looking to invest in a business with a strong customer base, this could be a great option.
- Location: Situated in a prime area, attracting a steady flow of customers.
- Menu: Offers a variety of dishes, including wood-fired pizzas, steaks, and seafood.
- Ambiance: The warm and inviting setting makes it a favorite for family dinners and special occasions.
Owning Monterey Cookhouse means stepping into a well-established business with a loyal following. It’s a chance to continue a tradition of great food and excellent service.
Frequently Asked Questions
What should I know before buying a business in Monterey?
Before buying a business in Monterey, research the local market, understand the business’s financial health, and consider its location and customer base.
How can I find businesses for sale in Monterey?
You can find businesses for sale in Monterey through online listings, local real estate agents, and business brokers.
What is the average cost of buying a business in Monterey?
The cost of buying a business in Monterey varies widely. It depends on the type and size of the business, its location, and its financial performance.
Are there financing options available for buying a business?
Yes, there are several financing options available, including bank loans, seller financing, and investors.
What are the benefits of buying an established business?
Buying an established business can save you time and effort. It often comes with an existing customer base, trained staff, and proven business model.
Do I need a lawyer to buy a business?
While not required, it is highly recommended to hire a lawyer to help with the legal aspects of buying a business.
