Description
Excellent opportunity to acquire a fully equipped, turnkey business in a prime location. This asset sale is offered at $75,000 and includes approximately 500 square feet of space with 4 years and 4 months remaining on the lease. The current rent is just $2,100 per month with only a $25 annual increase, providing exceptional long-term value. The owner owns all equipment and appliances, allowing for a seamless transition to new ownership. The business is equipped with central A/C and heat, with electric costs averaging $500 per month (including heat), no water or gas bills, and annual insurance of approximately $1,000. Current inventory is valued between $35,000–$40,000 and is restocked at approximately $1,000 every other week.Please note there is no gas line, making the space ideal for a variety of retail or food concepts that do not require gas service. A great opportunity for an owner-operator or investor seeking an affordable business with favorable lease terms.
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0BEDS
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0.05ACRES
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0BATHS
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01/2 BATHS
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450SQFT
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$167$/SQFT
School Ratings & Info
Description
Excellent opportunity to acquire a fully equipped, turnkey business in a prime location. This asset sale is offered at $75,000 and includes approximately 500 square feet of space with 4 years and 4 months remaining on the lease. The current rent is just $2,100 per month with only a $25 annual increase, providing exceptional long-term value. The owner owns all equipment and appliances, allowing for a seamless transition to new ownership. The business is equipped with central A/C and heat, with electric costs averaging $500 per month (including heat), no water or gas bills, and annual insurance of approximately $1,000. Current inventory is valued between $35,000–$40,000 and is restocked at approximately $1,000 every other week.Please note there is no gas line, making the space ideal for a variety of retail or food concepts that do not require gas service. A great opportunity for an owner-operator or investor seeking an affordable business with favorable lease terms.
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