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Cypress, California
$425,000
Property Details
Beds0
Baths0
Garage0
Property Description
MONTHLY GROSS: $60,000
MONTHL RENT: $2,795
LEASE TERMS: 2+5+5+5
STORE SIZE: 2,300 SF.
OPEN HOURS: 8AM-10PM
EMPLOYEES: 2 FT.
WAGE: $4,000/MO. CASH
EXTRA INCOME: $2,500 FROM LOTTERY. $500-$1,000 FROM WATER MACHINE.
REASON FOR SELLING: LONG COMMUTE FROM TEMECULA.
NOTE: LOCATED ON A BUSY STREET NEXT TO APARTMENTS AND TOWNHOMES.
GOOD PROFIT MARGIN AT 35%. VERY REASONABLE RENT.
PLENT OF PARKING. NICE NEIGHBORHOOD. SBA LOAN WITH 35% DOWN.
OWNER ONLY WORKS PART TIME. WATER MACHINE IS INCLUDED.
NET INCOME: $15,000/MO.
ASKING PRICE: $425,000+INV (+-120K)
Location
Cypress, California
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