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Hydroponic Grower

  • Status: Available
  • Price: $149,000

Babak “BOB” Shamtoub

License No:
BRE #02050054
Email:
babak@lbaweb.com
Office:
424-542-1402
Mobile:
818-287-4547
  • Listing No: 6248
  • Status: Available
  • Area: 1527
  • Price: $149,000

Description

Established in 2013, on a 1,527sq.ft. retail store selling Hydroponics and Organic Gardening Supplies. Hours of operation is form 10am-6pm /5xdays a week. No Employees. Rent is $1,361/m with couple of months remaining on a 6 years lease. Upon approval of the landlord, the lease can be renewed to the new buyer. Utilities $270/m. Seller claims The business Gross income is over $230,000 and his net is about $75,000.

6248

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased: 2013
Business Type:
License(s) Required:
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6248
Date Available: 01/23/2019
Reason For Sale: Moving to another county

Financial Information

Annual Total:
$230,000
Revenue:
Annual Net Income:
$75,000
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
1361/m
Lease Expires:
Lease Option:
2020
NNN:

Financing Information

Down Payment:
$14,900
Owner Will Carry:
Other Finance:
Terms:

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