Even In This Market As You Know There Aren't Too Many Good Stores Available For Sale. This Is One Of The Few Good Ones That Has Come Into The Market.
Current Owner Has Owned This Business For Almost 23 Years. The Average Net Monthly Sale(After Paying Sales Taxes) Is 70,000 At 30% Margin Lotto Commission Is About 1200/Mo Plus 300/Mo From Atm. Plus Some Small Income From Money Orders
The Store Is About 2400 Sq. Ft For A 8.5 Year Lease With A 8 Year Option. Rent Is 2400/Mo Plus Nnn With Rent Increase At 3% Each Year For The Remaining Term Of The Lease. Nnn Is About 177K/Mo For Garbage + 250/Mo For Prop. Tax And 450/Mo For Building And Liabilty Insurance. The Store Is Open From 7 A.M To 11 A.M.
Owner Operator With Part-Time Help Can Easily Take Home 15-16K/Mo. Call Broker For Further Details.
For More Info Call: (Please Mention You Saw This Ad On BizBen): Amrit Sidhu, Broker at 510-681-5618