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For Sale: Market with Lot of Potential - Burbank, California

  • Address: Burbank,

  • Status: Active

  • Posting ID: 282783

  • 9/12/23

$125,000.00

Asking Price

Description

The seller is retiring and has owned the market for 12 years. The average gross sales are $34,000-$38,000/month. There is no meat or produce. It is a free-standing building with plenty of parking. It is easy to run. The store size is 1,300 sq ft. plus storage. The rent is $4,100, including NNN. The lease is 3 years + 5 years. It receives high income and small investments.

It is in a safe area and has a lot of potential. Extra income comes from the lottery for about $5,000/month, check cashing for $200,000/month, money order & Western Union for $500/mo. It has high margins of 35%-40% and is SBA loan qualified. They get a big income and a small investment.

To get more information about this Market with Lot of Potential business for sale in Burbank please phone Steve Kim (Agent) at 213-880-5688 Cell and 213-880-5688 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #282783 on BizBen.com. In addition to phoning Steve Kim, make sure you email Steve Kim above to get more info about this Market with Lot of Potential, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01068216. Wilshire Realty.

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Contact

  1. Name: Steve Kim
  2. phone iconPhone: 213-880-5688 Cell
  3. phone iconPhone: 213-880-5688 Text

Details

  1. Asking Price: $125,000.00

  2. Down: Cash

  3. Cash Flow: $100,000.00

  4. Revenue:    $420,000.00

  1. Area: Burbank

  2. City: Burbank

  1. Attributes:

    Training & Support

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Related Links & Information Regarding This Posting

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