Interested In This Property?
Riverside, California
$99,000Property Details
Property Description
MONTHLY NET SALES: $39,000
MONTHLY RENT: $4,988 + $1,008 NNN
LEASE TERMS: 1+5
STORE SIZE: 1,550 SF.
SEATING CAPACITY: 25+
OPEN HOURS: 10:30AM-8:30PM MON-SAT.
CLOSED ON SUNDAY.
EMPLOYEES: 2 FT, 3 PT
WAGE: $12,400/MO.
REASON FOR SELLING: TOO BUSY TO RUN THIS STORE.
OWNER HAS 2 OTHER LOCATIONS.
NOTE: PART TIME OWNER. ONLY OPEN 6 DAYS A WEEK.
HUGE UPSIDE POTENTIAL FOR SOMEONE WHO CAN BE AN
OWNER-OPERATOR AND OPEN 7 DAYS A WEEK.
THIS BUSINESS USED TO GROSS OVER 50K PER MONTH.
LOCATED INSIDE A BUSY SHOPPING CENTER.
MUST SEE TO APPRECIATE THE LOCATION.
8% ROYALTY. $12,500 TRANSFER FEE.
NET INCOME: BREAK EVEN
ASKING PRICE: $99,000+INV.
Location
Riverside, California
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