Here is the store that boasts a large area and a great location in a very busy part of Central Glendale that has non-stop traffic and tons of room for anything you want to do. The store is 2600 sq.ft. with a rent of only $6000 with 4 years left and options. The store produces over $1,020,000 in gross sales a year and around $160,000 in profit in the owner's pocket after all expenses. The store also offers U-Haul services and the commissions are around $300 to $500 a month as well as a check-cashing sub-lease that produces $1500 in sub-lease rent per month as well. This store has tons of potential especially with the size of the space and the location. The store boasts $120,000 worth of inventory at cost included in the price. The store also has a wrap around walk-in cooled and tons of showcases for product and an unbeaten location in the Heart of Glendale. Seller is offering amazing seller financing terms with $300,000 down and $190,000 for 2 years at 6.5%. Hurry up this store will go quick especially for this price and the amazing lease rate. These deals are very rare.
- Asking Price:
- $490,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,020,000
- Cash Flow:
- $160,000
Property Information
- Real Estate:
-
Lease
Other Information
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$300,000 down and $190,000 for 2 years at 6.5%
- Furniture / Fixtures value:
- $75,000 - included in the asking price
- Inventory / Stock value:
- $120,000 - included in the asking price
