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8800 Knott Ave

Buena Park, CA 90620
  • $300,000
  • STATUS: Active
  • ON SITE: 135 days
  • ID#: DW21020972
UPDATED: 200 min ago
$300,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
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Type:
Business Opportunity
County:

School Ratings & Info

Description

Price Reduced! Seller wants this sold asap. Looking for a great investment properties, Monroe liquor store has been in the business for almost 30 years and the current owner has it for over 13 years and it is run by employees. Monthly Gross income is $50,000 to $57,000 and monthly net income is $ 15,000 a month. Lottery income is $38,018.95 a year and commission of $3,000. He has 7 years remaining in his lease and its transferrable and renewable. Sales tax every month is $ 3,000. The rent is $4,800 a month that includes triple net. Trash and water is paid by the landlord. The store business square footage is 2,060. His electric bill is $800 during winter and $1500 during summer. Sales price plus Inventory approximately more or less than $100000. Sales Price plus inventory. Two full time employees and one part time employees and the store is open Monday to Sunday. Come check it out and this wont last long. Its located a few blocks from Knotts berry farm and a great area to establish your business. Seller is very motivated.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-06-17T18:54:42.883. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or TeamRobinson | RE/MAX One. Licensed in the State of California, USA.
www.teamrobinsoncahome.com/homes/113826880
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8800 Knott Ave Buena Park, CA 90620

  • Price: $300,000
  • Status: Active
  • Updated: 200 min ago
  • ID#: DW21020972
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
82 - Buena Park
County:
Orange
Area:
82 - Buena Park
Property Description
Price Reduced! Seller wants this sold asap. Looking for a great investment properties, Monroe liquor store has been in the business for almost 30 years and the current owner has it for over 13 years and it is run by employees. Monthly Gross income is $50,000 to $57,000 and monthly net income is $ 15,000 a month. Lottery income is $38,018.95 a year and commission of $3,000. He has 7 years remaining in his lease and its transferrable and renewable. Sales tax every month is $ 3,000. The rent is $4,800 a month that includes triple net. Trash and water is paid by the landlord. The store business square footage is 2,060. His electric bill is $800 during winter and $1500 during summer. Sales price plus Inventory approximately more or less than $100000. Sales Price plus inventory. Two full time employees and one part time employees and the store is open Monday to Sunday. Come check it out and this wont last long. Its located a few blocks from Knotts berry farm and a great area to establish your business. Seller is very motivated.
Exterior Features

Sign On Property YN No

Property Features

Additional Parcels YN No Business Type Liquor Store Leasable Area 2060 Lease Assignable YN Yes Lease Renewal Option YN Yes Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Total Actual Rent 4800

Listing provided courtesy of Demi Devaney of Lucky Home Realty


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-06-17T18:54:42.883. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or TeamRobinson | RE/MAX One. Licensed in the State of California, USA.
 
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