Old Quality Cash Market in Concord has new owner

  • The door to the right of the Quality Cash Market entrance in East Concord. GEOFF FORESTER / Monitor staff

  • The front door of the Quality Cash Market that has now been sold. GEOFF FORESTER—Monitor staff

Monitor staff
Published: 6/28/2020 5:17:16 PM

Quality Cash Market – the popular, family-owned business on Eastman Street in Concord that lay dormant the past two years – has been sold, perhaps returning the East Concord neighborhood to past glory.

Real estate agent Rose Culver of Concord would not divulge the name of the new owner, citing agent-client confidentially.

Quality Cash, at 11 Eastman, nearly touches the building next door at 11½, once a bakery, which by coincidence was also sold recently. The official records for that sale have not yet been made public, either.

Karen Ducharme, a nurse practitioner who’s lived in Concord for 17 years, had bought the smaller building after a failed attempted to buy the bigger one, and she quickly flipped it. She also would not reveal the name of the new owner, but said he’s local.

Both women have great memories of Quality Cash while growing up here.

“People tell me they can’t wait for it to come back,” said Culver, whose firm is in Nashua.

“I worked across the street from there and we went two to three times a week and ordered sandwiches,” Ducharme said. “We’d bike to Quality Cash. It was a landmark.”

The market, empty and dusty these days, had evolved into a community-oriented institution that combined the sales of meats with a deli, a kitchen for take out and the regular convenience-store items.

Tony Heath was the patriarch and unifying force for 40 years, but his declining health eventually forced the family to sell, leaving a void that people noticed.

“When I was there people would pull into the parking lot and (hope) it was open,” Culver said.

Initially, Ducharme had purchased the bigger building, hoping to turn it into an ice cream parlor. She bought the necessary equipment from the old Ballard’s shop but soon dropped out, saying, “We had the pandemic and then came the financial troubles.”

Ducharme then bought and sold the smaller building. She said the  new owner at 11½ was “a local guy, in Concord all his life. His dad worked for the city.”

The larger building includes three apartments upstairs and the old Quality Cash downstairs.

Culver said the buyer will not be a hands-on owner like Heath was, meaning he’ll lease the space to someone else.

Culver said she hopes something similar to the Quality Cash Market would move in.

“My job is to find someone for the first floor and wait,” Culver said. “There’s a lot of goodwill with that building, and lots of people want that market back. They want someone who is ready to start a good, functional operation that will continue on. We’re looking for a tenant, and our preference would be a specialty restaurant or market.”

The new owner of the market is officially listed as CMAF Enterprise LLC, which bought the building for $260,000, according to real estate records. However, no such business entity has been registered with the N.H. Secretary of State’s office.


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