GOLD MINING STORE, low expense-rent$1200,lease 18 yrs,
Asking Price: | $299,000 |
Inventory: | $60,000 |
FF&E: | $10,000 |
Gross Revenue: | $900,000 |
Rent: | $1,200/Month |
Established Year: | 1970 |
*monthly gross sales: $65,000--70,000
* comission income from CA Lotto/lottery $1,500/mo
*rent $1,200 (all) annual increase 3%
* store size 1500 sq.ft.
* low expense: trash, water, electricity $1,000
* payrolls for employees $8,000/mo
* biz hour 7:00am--11:00pm no restriction of biz hour and quantity on ABC license
*Remodelled from wall to wall, from floor to ceiling, new facility, new equipment
_ you do not need to spend money for the facility