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Liquor store near Cypress with low rent AD# L507

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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)

 

Property Type Business

Property Status: For Sale

Property Features

Location

Cypress, California

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