Interested In This Property?
Downey, California
$129,000Property Details
Property Description
MONTHLY GROSS: $30,000
MONTHLY RENT: $2,366
LEASE TERMS: 2 + 5
SIZE: 700 SQ. FT.
SEATING CAPACITY: 32
OPEN HOURS: MON-SAT 11AM-8:30PM.
CLOSED ON SUNDAY.
EMPLOYEES: 1 F.T.
WAGE: $2,300/MO.
NOTE: OWNER RUN BUSINESS AND READY TO RETIRED.
HUSBAND AND WIFE TEAM WITH ONE EMPOLYEE.
BUSINESS AT SAME LOCATION SINCE 1994.
LOCATED ON THE MAJOR STREET AND VERY VISIBLE.
VERY STABLE CLIENTELE.MANY REPEAT CUSTOMERS.
CUSTOMER BASE ARE ALL MIX ETHNIC GROUP.
CURRENTLY SERVE CANTONESE FOOD ON THE MENU.
VERY FRIENDLY LANDLORD.NO GREASE TRAP.
NET INCOME: $9,000/MO.
ASKING PRICE: $129,000+INV.
Location
Downey, California
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