Property Description

MONTHLY GROSS: $33,000

MONTHLY RENT: $4,775 + $554 NNN

LEASE TERMS: 1 + 3

STORE SIZE: 1,500 SQ. FT.

SEATING CAPACITY: 30

OPEN HOURS: 11:00 AM-9:00 PM.MON~SAT.

SUN 11:30AM -9PM.

EMPLOYEES: 1 F.T/1 P.T

WAGE: $3,500/MO.

NOTE:

HUSBAND & WIFE TEAM. BOTH OWNERS WORK IN THERE AND BURNT OUT.

LOCATED IN A NICE SHOPPING CENTER.CLOSE TO BIOLA UNIVERSITY.

MANY STUDENTS AND LOCALS CUSTOMER. 

HAS WALK IN COOLER.

SHOPPING CENTER IS UNDER RENOVATION AND WILL BE DONE IN TWO MONTHS.

GREAT POTENTIAL IF ADD DELIVERY AND DO ADVERTISEMENT. 

HAS GREASE TRAP.

EZ CONVERSION TO A DINE IN RESTAURANT.

FRIENDLY LANDLORD.

CAN NEGOTIATE WITH LANDLORD WITH LONGER LEASE IF WANTS TO.

NET INCOME: $12,000/MO.

ASKING PRICE: $99,000+INV