GOLD MINING STORE, low expense-rent$1200,lease 18 yrs,

San Bernardino, CA

Seller Financing Available

listing image
Sale Pending
Asking Price:$299,000
Inventory:$60,000
FF&E:$10,000
Gross Revenue:$900,000
Rent:$1,200/Month
Established Year:1970
BUSINESS DESCRIPTION

*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


DETAILED INFORMATION
Location
San Bernardino, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,500
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Inventory amount to be loaned for one year with 0% interest by the seller
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John Lee
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John Lee