$2,500,000
Market Drive Thru
- Status: Pending
- Price: $159,000
Houmehr 'Mike' Panoussi
- License No:
- DRE #01853627
- Email:
- mike@lbaweb.com
- Office:
- 661-816-1141
- Mobile:
- 661-816-1141
Description
This is a Great opportunity to own a Business!!!
Over 60 years one of the first Market Drive thru opened. Beer & Wine. Great Business. Very low Rent! Gross Sales are about $30,000 a month + $35,000 in Lotto. Seller claims his Net Income is about $6,000 as owner operator. Rent is $2,517/m including NNN 3% yearly increase. 1 year lease left with 2 x 3 years option for a 1,600sqft. Store. Inventory is about $35 to $40,000 not included in the asking price. About 200 customers per day. Open 7 x days a week (Monday- Sun. / 9.00am-10.00pm). There are 16 camera system. 35% profit margin. Ebt accepted.
Business Information
Ownership Type:
Sole Proprietorship
Year Established:
Year Purchased:
Business Type:
Beer & Wine market
License(s) Required:
Business, ABC, Health
Hours of Operation:
9.00 am- 10.00 pm / 7 x days a week
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
N/A
Broker To Broker CoOp:
No
Office Listing Number:
6360
Date Available:
03/16/2022
Reason For Sale:
Financial Information
- Annual Total:
- 360,000
- Revenue:
- Annual Net Income:
- 72,000
- Inventory:
- 35,000
- Monthly Payroll:
Lease Information
- Base Rent:
- 2,517/m
- Lease Expires:
- 2023
- Lease Option:
- 2 x 3 years option
- NNN:
- included
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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