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Liquor Store With Very Low Rent Ad#L433M

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Long Beach , California

$119,000

Property Details

Beds0 Baths0 Garage0

Property Description

MONTHLY GROSS: $25,000

MONTHLY RENT: $1,100

LEASE TERM: 5+5 YEARS

STORE SIZE: 850 SF

OPEN HOURS: 9AM-11:00PM

EXTRA INCOME: LOTTERY, $1,600/MO.

 

NOTE: LOCATED IN VERY HIGH DENSITY AREA. NEXT

TO A BUSY COIN LAUNDRY.

RENT IS ONLY $1,100 PER MONTH.

SELLER SPENT AROUND $25,000 TO REMODEL THE STORE.

THE STORE HAS NEW COOLERS SHELVES AND COUNTER.

SELLER WORKS FULL TIME.

PROFIT MARGIN IS 35-40%.

 

NET INCOME: $8,510/MONTH

ASKING PRICE: $119,000+INV.

Property Type Business

Property Status: For Sale

Property Features

Location

Long Beach , California

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