Power Realty & Investments

Flame Broiler in Long Beach Ad#F551

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Long Beach , California

$270,000

Property Details

Beds0 Baths0 Garage0

Property Description

ANNUAL NET SALES: $634,828

MONTHLY RENT: $7,000

LEASE TERMS: 1+10

SIZE: 1,560 SF.

SEATING: 20+

OPEN HOURS: 10AM-9PM

EMPLOYEES: 4FT, 6 PT

WAGE: $11,629 /MO.

 

REASON FOR SELLING: PARTNERSHIP SPLIT.

NOTE: LOCATED CLOSE TO A HUGE HOSPITAL AND OTHER

MEDICAL OFFICES. PLENTY OF PARKING. VERY GOOD

VISIBILITY FROM THE MAIN STREET.

ABSENTEE RUN. POTENTIAL TO INCREASE CATERING

BUSINESS WITH OWNER-OPERATOR.

ORIGINAL OWNER SINCE 2010.

 

NET INCOME: $58,456/YR. (OWNER ABSENTEE)

ASKING PRICE: $270,000+INV.

 

Property Type Business

Property Status: For Sale

Property Features

Location

Long Beach , California