Business Overview:
If you are looking a for a high margin and low overhead simple business with great income and an easy operation then look no further. This water and ice stores boasts a suite in a busy newer shopping center with a great lease in place of only $1,730 a month which includes all the CAM charges and the CAM charges includes water which produces most of the product you sell. The lease is good until 2023 and the another 5 year option. You can't ask for a better situation. Currently this store is only open Monday-Saturday 9:00am to 8:00pm and Sunday 9:00am -6:00pm. The store is currently ran semi-absentee and makes around $45,000 net with the owner only working less than 20 hours a week but if it was owner ran it could easily do the $75,000. The business currently has 3 part-time employees who each average 20 hours a week. There is also $12,500 worth of inventory that is included in the price. The seller is also willing to do seller financing with $85,000 down and the balance of $50,000 for 2 years at 7%. Hurry up this won't last.
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Property Features and Assets:
Suite in the middle of a busy shopping center.
Market Competition and Expansion:
Tons of room for growth by running it yourself and just giving the business more time.
Reason for Selling:
Is moving to the East Valley and is cutting down t
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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