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#Business ID: 18420

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General Merchandise Mart

Business Location: Riverside, California, United States

Asking Price: $ 80,000 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

Financials
Gross Sales: $30,000/ mo
Net Profit: $2,800/ mo
Annual Net Profit: $33,600

Property Info
Rent: $6,000/ mo.
Expires: 2018
Option(s): Available
Terms: NNN

This is a well organized general merchandise store established by someone who spent 15 years in this type business. This is a newer operation only open a couple months and already doing over $30K monthly. Business is growing nicely. Business expected to get to $50K withing forst year. Seller started this operation but has an out of state business that urgently needs his presence--so he has decided to place this store on the market. This is a great opportunity to get a well thought out and organized store--ready to tyake off with very little effort. The store is in a good safe location in a shopping center in Riverside--Must check this out!!!

Organization:
The business is organized as a S-Corporation. It was established 0 years ago and the current owner has been in place for 0 yrs. It employs full time employees and 2 part time employees. Licenses required for operation: Business.

Property Details

Size:

6000 Sq. Ft

Property Type:

Lease

FF&E:

$ 50,000

Inventory Value:

$ 80,000

Other Business Details

Business Location:

The business is located in the Riverside County Area. It is Contact Lister Parking: Ample - Shopping Center

Business Operation Details

Employees:

One full time employees and 2 part time employees.

Trading Hours:

Seven Days 9AM - 9PM

Miscellaneous Details

Reason For Selling:

Must Sell due to other commitment.

Contact this seller

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