Interested In This Property?
Escondido, California
$525,000
Property Details
Property Description
MONTHLY GROSS: $150,000
MONTHLY RENT: $6,273
LEASE TERMS: 5+5+5
STORE SIZE: 3,100 SF.
OPEN HOURS: 8AM-8:30PM
EMPLOYEES: 4 FT, 2 PT
WAGE; $15,000/MO.
EXTRA INCOME: $1,000 LOTTERY.
REASON FOR SELLING: LONG COMMUTE. DIFFICULT TO MANAGE
STORE FROM LA COUNTY. CURRENTLY ABSENTEE RUN.
NOTE: FULL SERVICE MARKET SELLING BEER, WINE, GROCERIES AND MEAT.
HUGE NET INCOME. AVERAGE PROFIT MARGIN IS 35%.
OWNER HAS OTHER STORE IN LA COUNTY AND CANNOT
RUN THIS STORE. HAS BEER WINE LICENSE.
PLENTY OF PARKING. CORNER LOCATION.
BUYER CAN ADD KITCHEN FACILITY. GREASE TRAP IS
ALREADY INSTALLED.
NET INCOME: $25,000/MO.
ASKING PRICE: $525,000+INV.
Location
Escondido, California
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