Business Overview:
Offering snacks, drinks, sundries, 100's of magazine and newspaper titles, foreign and domestic, cigarettes, Lotto, ice cream, ATM and more. Terrific location on the best walk street in Burbank. Just steps from the Media City Center Mall, IKEA, AMC 16 movie theaters & many national tenants. Lots of young adults enjoy spending their time and money here. Business established for 20 years, 3 1/2 with this owner. An E Z business to run. Inventory extra, at cost. Call Steve, 310/391-7469 for a private tour of the facility. Lic. #00701006.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Approx. 2,200 Square Feet with a large, under used storage room, large office and a lounge area. Low rent of only $4,400 +$150 NNN. Market rents are $3/feet. Lease term is 3 year + a 3 year option. Shop is fully equipped with everything you need. Owner has upgraded with newer tile flooring and decor. Attractive.
Market Competition and Expansion:
Very little competition in the area. Store has unused space that an aggressive owner can add more prepackaged food items, cigars, more refrigerators/freezers, DVD movies to sell, gift items and more. Owner works part time only. An owner operator can do much better.
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: