Interested In This Property?
Downey, California
$69,000
Property Details
Beds0
Baths0
Garage0
Property Description
MONTHLY GROSS: $20,000
MONTHLY RENT: $1,338
LEASE TERMS: 3 YEARS (Longer Term Available)
STORE SIZE: 1,000 SF +-
OPEN HOURS: 11AM-8PM
EMPLOYEE: 1 FT., 2 PT
WAGE: $5,000/MO
SEATING: 16 INSIDE / 4 OUTSIDE
NOTE: TRANSFER FEE IS $3,000.
MONTHLY ROYALTY IS ONLY $250.
LATINO NEIGHBORHOOD.
SERVING PERUVIAN FOOD AND PIZZA.
SALES ARE AROUND 50/50 BETWEEN 2 MENU.
OWNER WORKS LESS THAN 20 HOURS A WEEK.
STORE NEEDS MORE MARKETING AND OWNER
MANAGEMENT. SELLER WILL GIVE RECIPE TO BUYER.
RENT IS VERY LOW AT $1,338/MO.
NET INCOME: $2,500/MO.
ASKING PRICE: $69,000+INV.
Location
Downey, California
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