Property Description

MONTHLY GROSS: $55,000

MONTHLY RENT: $2,200

LEASE TERMS: 7 YRS.

STORE SIZE: 2,000 SF

OPEN HOURS: 7AM-10PM

EMPLOYEES: 1 FT.

WAGE: $2,000/MO.

EXTRA INCOME: $3,100 LOTTERY, $350 ATM.

NOTE: LOCATED ON A BUSY STREET WITH

HUGE TRAFFIC. VERY LITTLE COMPETITION.

ACTUAL RENT IS $3,100, BUT HOUSE TENANT BEHIND

THE STORE PAYS THE STORE OWNER $900 RENT (SUBLEASE)

FREESTANDING BUILDING. PLENTY OF PARKING.

MIXED NEIGHBORHOOD.

35% PROFIT MARGIN.

OWNER HAS 2 OTHER STORES AND CAN’T MANAGE ALL.

NET INCOME: $15,000/MO.

ASKING PRICE: $349,000+INV.