Interested In This Property?
Redondo Beach, California$299,000
MONTHLY GROSS: $55,000
MONTHLY RENT: $2,550
LEASE TERMS: 5+5+5
STORE SIZE: +-1,200 SF
OPEN HOURS: 8AM-12AM
EMPLOYEES: 2 PT
EXTRA INCOME: $1,000/MO LOTTERY.
NOTE: SAFE NEIGHBORHOOD. LOW RENT.
LONG TERM LEASE. 40% PROFIT MARGIN.
FAMILY OWNED SINCE 1992. AVERAGE CUSTOMER
SPENDS ABOUT $20 PER TRANSACTION.
MIDDLE INCOME NEIGHBORHOOD.
DENSELY POPULATED. OWNER IS RETIRING.
NET INCOME: $14,000/MO.
ASKING PRICE: $299,000+INV.
Redondo Beach, California
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