Description

Rare opportunity to own a high gross, high net, high visibility, well established, corner located, freeway adjacent, market with full liquor license.
Average Monthly Income – Year 2014: Monthly Gross $187,018.00 Monthly at 30% GP: Net $56,105.00Check Cashing/Money Services/Bill Payment/ATM: Net $18,118.00Lotto – Never Applied Net $0.00Cigarette Rebate/Water Machine Net $2,334.00Gambling Machine – Lease Net $5,000.00
Gross Profit: $81,557.00
Please note, that this business is predominantly employee run with fifteen(15) employees including three(3) managers with average payroll expense of about $21,200.00 per month, therefore, incoming owner operator may have substantial payroll related savings.
Additionally, incoming buyer may substantially increase revenues by qualifying for gaming permits instead of current flat rental income of $5,000.00 per month.
Long term lease, first right of refusal to purchase real estate, seller financing allow for an incoming buyer to purchase with confidence.
Seller will provide seller/owner financing to a qualified buyer with 50% down payment and verify books and records and all financial information during the due diligence period.
Please be advised, that terms and purchase price of this offering are firm and non-negotiate able.
Serious and qualified Buyers, Kindly contact:Mani Singh: 951.296.7646Wasim Rahman: 909.262.0973
Disclaimer: The aforementioned information was furnished by the Seller. Business Brokers, its agents have not and will not verify the accuracy or completeness of information provided and make no representations as to its accuracy or reliability. Purchaser’s are hereby advised to consult with their legal and financial advisors to the extend they may deem necessary.

Financial Summary

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