Asking Price: $99,500 or best reasonable offer
Gross Income: $525,000
Cash Flow: $35,000
Furniture, Fixtures & Equipment $25,000 included in asking price
Inventory: approximately $121,000 Not included in asking price - sold dollar-for-dollar at wholesale
Business Description: 5 1/2 years of successful operation. Sellers are new to the business and must sell for health reasons. Best end-cap location in a very high energy, successful plaza with 110 parking spots. Landlord will cooperate with qualified tenant for new initial term of lease (5 year minimum) with options to renew. Opportunity for experienced operator to substantially increase sales. Rent is far below market $4,500 or $12.95 gross per sq. ft. (all inclusive, no NNN).
Facilities:3,000 sq. st. interior with ADA compliant bathroom, marquee and building signage.
Car count: 19,300
Average household income: $125,066 within 1 mile radius
Growth and expansion: A well thought-out marketing plan catering to the extensive corporate community.
Support and Training: one month
Reason for selling: health issues and retirement.
…Rick Ziff (860) 604-1655