"$160,000 NET #10 Glendale Convenience Store For Sale"

Description

Retail store for sale in Central Glendale.

The space is approximately 2,600 sq. ft. with monthly rent of $6,000.

There are about four years remaining on the lease, with additional options available.

Annual gross sales are more than $1.02M.

The seller reports owner profit of approximately $160,000 after expenses.

Additional income includes about $300 to $500 per month from U-Haul commissions and $1,500 per month from a check-cashing sublease.

Inventory valued at approximately $120,000 at cost is included in the sale.

The store includes a wraparound walk-in cooler and multiple product display cases.

Seller financing is available with $300,000 down and $190,000 financed over two years at 6.5% interest.