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$ 99,000
Est. payment | /mo
$ 99,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID SW24184623
HOA Y/N No
Year Built 1928
Property Description
AMAZING opportunity for a new owner to continue operating an already established highly profitable outlet store business. Located in a prime location with high daily traffic. The business has excellent sales as it has been established for four years and has created a loyal customer base. All inventory and equipment set up are part of the sale. The sale includes approximately $120,000 worth of inventory and $40,000 worth in equipment value , shelving, computer, signs, security camera system and signs. Inventory consist of quality brand name products such as: electronics, appliances, hardware, home goods, clothing, tools ,shoes ,furniture, toys, cleaning products, cosmetic supplies and kitchen cooking supplies. All financial records are available for review. This investment opportunity is ideal for anyone looking to expand their portfolio by operating the existing store or diversifying locations. The landlord is cooperative / flexible and willing to sign new lease. Business gross operating income is approximately $65,000 / month with 50% net profit. Building lease is $6,500 / month and building consist of 5,000 square feet offering tons of space. Call and set your appointment today. Don’t miss out on this opportunity!
Location
State CA
County Los Angeles
Area T1 - Vernon, Maywood, Hunt Pk & Bell, N Of Florenc
Interior
Inclusions Inventory, equipment, security camera system, shelving, signs, computer system, doors
Fireplace No
Others
Tax ID 6322003016
Acceptable Financing Cash, 1031 Exchange, Submit
Listing Terms Cash, 1031 Exchange, Submit
Listed by John Churchill • Churchill and Associaties • 951-570-4943
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Jennifer Lucero
Broker Associate | Lic# 01956495