Interested In This Property?
Garden Grove, California
$119,000
Property Details
Property Description
MONTHLY GROSS: $18,000
MONTHLY RENT: $3,650
LEASE TERMS: 4+5
STORE SIZE: 1,250 SF.
OPEN HOURS: 7AM-7PM MON-FRI, 9AM-5PM SAT.
EMPLOYEES: 4 PT.
WAGE: $5,500/MO.
REASON FOR SELLING: BURNT OUT OWNER IN NEED
OF VACATION.
NOTE: NICE LOCATION INSIDE A BUSY SHOPPING CENTER
WITH SUPER MARKET ANCHOR. NO COMPETITION.
CURRENTLY USING 40LB. HYDRO CARBON MACHINE.
NEWER SANKOSHA SINGLE BUCK SHIRT PRESS WORTH $38,000.
NEWER AIR CONDITIONER WORTH $5,000.
SHIRT LAUDNRY $2.65, SHIRT DRY CLEAN $3.65. PANTS DRY CLEAN $4.25.
SALES ARE GOING UP YEAR OVER YEAR, BUT OWNER IS TIRED
AND READY TO SELL. ALL EQUIPMENT IN GOOD CONDITION.
ROOM TO REDUCE PAYROLL FOR HUSBAND & WIFE TEAM.
NET INCOME: $4,000/MO.
ASKING PRICE: $119,000+INV.
Location
Garden Grove, California
Mortgage Calculator
Owning a home is a great investment and it is key to plan your mortgage payments ahead of time. Calculate for your monthly mortgage using our free calculator below.