Commercial property for sale in Titusville, Florida: 213.3 sq.m. № 1829974

Property description

Fully absentee of owners. Currently grossing 40k - 65K / month. The game slot makes $2500 net profit a month. ATM and coin slot make $450 a month, approximately. Rent is only $2,300 (a rent increase is only after 5 years of the lease term, and a 5+5+5 lease is available, with no additional or hidden charges). The rent is fully covered by the lotto, which is $ 2,500 a month. Electricity + water + trash + lawn + internet is $1,500 a month. Currently has 3 employees. $65,000 inventory value not included in asking price, can be bought separately.

During the due diligence period, the owner can provide guidance on the way the business runs. Great Return of investment - if the owner is absent - $8,000 net income If the Owner runs the business - $12,000 approximate net profit can be generated The business currently offers: convenience store products, lottery, ATM, U-Haul, and game machines. Availability to sub-lease space for a food truck and generate more income Implement customer loyalty programs Selling only because the owner can not be there because of the other bigger operation

Commercial property in Titusville, Florida 213.3 sq.m. № 1829974

Property description