$500 Net Rent - $59K Price

Killeen, TX (Bell County)

Seller Financing Available
$59K Price, 5K sq.ft., $2K Rent
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Asking Price: $59,000

Cash Flow: N/A

Gross Revenue: $456,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $500 /Month

Established: N/A

$500 Net Rent - $59K Price

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Business Description

5,000 sq.ft. store. Deli/Kitchen has just been sub-leased so net rent is only $500. Store sales now $38,000 per month and should increase since there is now a strong food offering. 15 years remaining on lease. Price of $59,000 plus inventory makes this the ideal first store for an experienced person with minimal cash. Seller may finance inventory to qualified buyer.

Detailed Information

Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
11/1/2033
Facilities:
5,000 sq. ft. store building. A new owner/operator can add products or services to increase sales. 12-door walk-in cooler and all other necessary equipment.
Competition:
Store is located on a high-traffic street with dense residential surrounding. Lots of walk-in business. Lotto/Lottery income $1,200 --- ATM income $500
Growth & Expansion:
Deli/Kitchen has just been sub-leased to a proven operator, so the store sales should benefit from this additional traffic and customer count.
Support & Training:
Training will be provided as needed
Reason for Selling:
Owner moving out of state
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RAY HAWKINS

Business Listed By:
RAY HAWKINS

Business Consulting & Brokerage

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