Power Realty & Investments

No Competition Market in Bell Gardens Ad#M333

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Bell Gardens , California

$229,000

Property Details

Beds0 Baths0 Garage0

Property Description

MONTHLY GROSS: $80,000

MONTHLY RENT: $3,600

LEASE TERMS: 5+5

SIZE: 1,600 SF. + CONTAINER FOR STORAGE.

OPEN HOURS: 8AM-9PM

EMPLOYEES: 2 FT, 2 PT

WAGE: $4,330/MO.

 

REASON FOR SELLING: OWNER IS BURNT OUT.

IN NEED OF A VACATION.

NOTE: NEIGHBORHOOD MARKET

SELLING BEER, WINE, GROCERIES AND MEAT.

NO COMPETITION. LOCATED INSIDE A

RESIDENTIAL AREA SURROUNDED BY HOMES.

SAME OWNER SINCE 2005.

GOOD PROFIT MARGIN. HIGH NET INCOME.

 

NET INCOME: $14,500/MO.

ASKING PRICE: $229,000+INV.

 

Property Type Business

Property Status: Sold

Property Features

Location

Bell Gardens , California