Interested In This Property?
Needles, California
$699,000Property Details
Property Description
MONTHLY GROSS: 90,000
MONTHLY RENT: $1,400
LEASE TERMS: NEW LEASE
SIZE: 3,500 SF.
OPEN HOURS: 7:30AM-10PM
EMPLOYEES: 2 FT, 1 PT.
WAGE: $6,650/MO.
REASON FOR SELLING: TOO FAR AWAY FROM HOME.
EXTRA INCOME: CHECK CASH $2,000, LOTTERY $2,000
WATER MACHINE $75, ATM $500.
NOTE: 35% OF THE CUSTOMERS ARE TOURISTS.
NICE NEIGHBORHOOD. VERY LITTLE CRIME.
35% PROFIT MARGIN. SMALL TOWN WITH POPULATE
OF AROUND 5,000 PEOPLE.
CLOSE TO 40 FWY.
LOW RENT.
POTENTIAL TO BUY THE PROPERTY.
ABSENTEE OWNER.
NET INCOME: $20,000/MO.
ASKING PRICE: $699,000+INV.
Location
Needles, California
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