Absentee run. The store located in the best shopping center. Baskin Robbins 31 Ice Cream. Long Beach area. 15 years owned and wants to retire. So much potential with the area and cake sales. Anchor Tenants: Vons, Ross, Rite Aid, Ralphs, In n out burger.
6 days open, Good rent & No competition. Owner owns 10 years with very steady gross sale with high profit. A good size and Good rent(new lease will be 5 year fixed) No major competition around and short opening hours. SBA loan possible.
One owner operating over 10yrs, they want to retire. New lease rent $3,900 fixed for 5yrs plus p.tax Another 5yrs $4,200 fixed plus p.tax additional 5yrs increse c.p.i. Plus p.tax. 2,200 Sq FT big parking for customers. Operating hours 8am till 10 PM (condition)
Store feel like 7-11 style, good front parking lot and beautiful shape. there is no meat and no produce with beer & wine. it is easy to operate business. Annual gross sales is $516,000, and annual adjusted net income $108,000.
One lady has been operated for 10 year and will retire.