Power Realty & Investments

Liquor Store in Needles / 35% Tourist Ad#L432

Interested In This Property?

Needles, California

$699,000

Property Details

Beds0 Baths0 Garage0

Property Description

MONTHLY GROSS: 90,000

MONTHLY RENT: $1,400

LEASE TERMS: NEW LEASE

SIZE: 3,500 SF.

OPEN HOURS: 7:30AM-10PM

EMPLOYEES: 2 FT, 1 PT.

WAGE: $6,650/MO.

 

REASON FOR SELLING: TOO FAR AWAY FROM HOME.

EXTRA INCOME: CHECK CASH $2,000, LOTTERY $2,000

 

WATER MACHINE $75, ATM $500.

NOTE: 35% OF THE CUSTOMERS ARE TOURISTS.

NICE NEIGHBORHOOD. VERY LITTLE CRIME.

35% PROFIT MARGIN. SMALL TOWN WITH POPULATE

OF AROUND 5,000 PEOPLE.

CLOSE TO 40 FWY.

LOW RENT.

POTENTIAL TO BUY THE PROPERTY.

ABSENTEE OWNER.

 

NET INCOME: $20,000/MO.

ASKING PRICE: $699,000+INV.

Property Type Business

Property Status: For Sale

Property Features

Location

Needles, California