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    8800 Knott Ave

    Buena Park, CA 90620
    • $325,000
    • STATUS: Active
    • ON SITE: 34 days
    • ID#: DW21020972
    UPDATED: 75 min ago
    $325,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
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    Description

    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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-08T21:31:02.303. 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 Amazing Grace Real Estate | Coldwell Banker Realty. Licensed in the State of California, USA.

    www.amazinggracerealestate.com/homes/113826880
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    8800 Knott Ave Buena Park, CA 90620

    • Price: $325,000
    • Status: Active
    • Updated: 75 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
    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.
    Property Features

    Additional Parcels YN No Building Area Units Square Feet Business Type Liquor Store Country Us Equipment Value 7000 Inventory Value 100000 Leasable Area 2060.00 Leasable Area Units Square Feet Lease Renewal Option YN Yes Number Of Full Time Employees 2 Number Of Part Time Employees 1 Reason For Selling Moving Total Actual Rent 4800.00 Year Established 1990 Years Current Owner 13

    Listing provided courtesy of Demi Devaney of Lucky Home Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-08T21:31:02.303. 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 Amazing Grace Real Estate | Coldwell Banker Realty. Licensed in the State of California, USA.

     
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