Market / B&W –Low Rent, Short Hours, Asking $60K
Not Disclosed, CA Los Angeles County
Asking Price:
$60,000
Annual Revenue:
$216,000
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- RE: Market / B&W –Low Rent, Short Hours, Asking $60K
- Contact: Jonathan Hwang
- License #: 1995716
Quick Facts
| Asking Price: | $60,000 | |
| Annual Revenue: | $216,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $54,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $10,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2000 | |
| Employees: | 1 | |
| BBN Listing #: | 991776 | |
| Broker Reference #: | 5601 JH |
Business Overview:
Gross Revenue:$18,000/Month
Net Income:$4,500/Month
Location:Near freeway, adjacent to apartment complexes
Lease Terms:New lease available
Rent:$1,800/Month
Store Size:1,500 SF
Operating Hours:8:30 AM – 8:00 PM (Short Hours)
Employees:1 Part-Time (Paid $1,000/month, cash)
Additional Income:$1,200/month from lottery
Profit Margin:40%
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Reason for Selling:
RetireAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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