Interested In This Property?
Long Beach , California
$139,000
Property Details
Beds0
Baths0
Garage0
Property Description
MONTHLY GROSS: $25,000
MONTYLY RENT: $1,100
LEASE TERM: 5+5 YEARS
STORE SIZE: 850 SF
OPEN HOURS: 9AM-11:00PM
EXTRA INCOME: LOTTERY, $1,600/MO.
NOTE: LOCATED IN VERY HIGH DENSITY AREA. NEXT
TO A BUSY COIN LAUNDRY.
RENT IS ONLY $1,100 PER MONTH.
SELLER SPENT AROUND $25,000 TO REMODEL THE STORE.
THE STORE HAS NEW COOLERS SHELVES AND COUNTER.
SELLER WORKS FULL TIME.
PROFIT MARGIN IS 35-40%.
NET INCOME: $8,510/MONTH
ASKING PRICE: $139,000+INV.
Location
Long Beach , California
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