Property Description

MONTHLY GROSS: $145,000

MONTHLY RENT: $2,900

LEASE TERMS:  7 YEARS

STORE SIZE: 5,200 SF.

OPEN HOURS: 7AM-9PM

EMPLOYEES: 8 FT, 4 PT

WAGE: $25,800/MO.

REASON FOR SELLING: OWNER HAS 4 OTHER STORES.

TOO HARD TO MANAGE THEM ALL.

EXTRA INCOME: $800 SUBLEASE TO CHECK CASHIER/MONEY TRANSFER.

NOTE: LOCATED IN A DENSELY POPULATED LATINO NEIGHBORHOOD.

SAFE AREA. VERY LITTLE COMPETITION. PLENTY OF PARKING.

HAS BEER WINE LICENSE, FULL KITCHEN, MEAT AND PRODUCE.

EMPLOYEE RUN STORE. OWNER ONLY WORKS 2-3 HOURS A DAY.

VERY LOW RENT. LONGER TERM LEASE POSSIBLE.

NET INCOME: $15,500/MO.

ASKING PRICE: $479,000+INV. (+-$80,000)