Incredible Retail Leasehold
Location California,United States
Asking Price Range < $250K
Gross Revenues $240000
Net Profit / Cash Flow $30000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1998
Number of Employees 1 - 3
Inventory 80000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will provide training.
Reason for Sale New venture.
Description Opportunity to acquire a 5,700 Retail Building lease in a location that is the best in Southern California along with a Video Store with great Potential! The lease on this company is incredible because it is on Pacific Coast Highway with over 60,000 cars passing every day. Unbelievable demographics with affluent Palos Verdes Penninsula and the Torrance / Lomita / Harbor City population concentrations located within a 2 mile radius. The store's visibility from the Boulevard is worth the purchase price in advertising alone. Meanwhile, there is ample parking available in this strip mall. At $1.17 per square foot, and a lease with 20 years in options, there is no better retail leasehold in California. The video store itself is great but does not need all of the room that is included. Hence, the store location can either be used for different retail business or it can be split to maintain the video store. This is a unique opportunity to get the best location, all the videos you will ever want to view with Location, Location, Location! For more information, please email or contact Roger Civalleri at 310-539-8300.
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