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- RE: Shopping Plaza
- Contact: Corporate Business
Quick Facts
Asking Price: | $1,400,000 | |
Annual Revenue: | $292,040 | |
Net Profit: | $113,980 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $1,400,000 | |
Year Established: | Not Disclosed | |
Employees: | 4 | |
BBN Listing #: | 993384 | |
Broker Reference #: | 1003 |
Business Overview:
Strip Mall shopping plaza with 7 parking spots and ample street parking, located on a busy corner. It has 7 stores all occupied, 7,500 sq/ft. The seller operates one of the stores which is a convenience store, making an average gross sale of $29,000-$30,000 per month. It has good lottery commission, skill game, and ATM. The store is run by the seller as an owner-operator, recently renovated. the roof was replaced with a new one, a couple of years ago. good investment as a business and real estate with only 20% down. You can get the business and pay for the mortgage plus an average of $100,000 in additional net income.Landlord collects all water & sewage, and garbage from the tenant. Based on the sq ft, Insurance for the store and the whole building is only $575 monthly. Water & sewage is $3,000 yearly. Garbage is $1,680 yearly.
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Reason for Selling:
personalAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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