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Liquor Store in Redondo Beach / Reduced – Low Rent AD# L389

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Redondo Beach, California

$299,000

Property Details

Beds0 Baths0 Garage0

Property Description

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

WAGE: $2,000/MO

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.

 

Property Type Business

Property Status: For Sale

Property Features

Location

Redondo Beach, California

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