Studio Suites Rental Business For Sale!

Not Disclosed, FL Sumter County

Asking Price: $150,000

Annual Revenue: $161,720

Commercial Real Estate: Retail & Shopping Centers

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RE: Studio Suites Rental Business For Sale!
Contact: Dawn-Marie Crown

Owner Financing is Available!

Owner Financing Terms$100,000.00Owner Financing Interest7%Owner Financing Terms Months72Owner Financing Monthly Payment$1,704.90

Quick Facts

	Asking Price:	$150,000
	Annual Revenue:	$161,720
	Net Profit:	Not Disclosed
	Cash Flow:	$62,420
	Total Debt:	Not Disclosed
	FF&E:	$1,000
	Real Estate:	Not Disclosed
	Year Established:	2023
	Employees:	Not Disclosed
	BBN Listing #:	938755
	Broker Reference #:	4301914876

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Business Overview:

Unique opportunity to sub-lease multiple suites in a 2,500 square foot facility which is located in The Villages, FL! Of the Seven Suites, 1 space is leased, at $800 a week for 900 square feet, 5 suites/with windows, 106 square feet each are listed for lease at $385-$410 a week and 1 suite without a window has a lease set at $360 a week. Annual revenue, when all suites are leased, is $161,720 with projected expenses, including: rent, utilities, water, internet, etc. is approximated at $99,300, which brings profitability to $62,420 and that's great for passive-absentee/absentee business. Location can be open 24/7, as the doors automatically lock and there is a push-button entry on the back door. Co-op spaces are the trend of the future! Call today to take advantage of this unique and profitable investment opportunity! Please refer to listing #4301-914876 when inquiring about this listing, Thank you!

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Reason for Selling:

Retirement

Additional 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

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