Great Business Opportunity! Take over this already established retail store for only $15k. Store is all setup to go, just come in & get to business. !!!EXCELLENT OPPORTUNITY!!!
Large profitable retail merchandise discount store in a very high traffic location in San Bernardino. In a shopping area with CHASE bank, Big 5, 99c Store, Target, Cardenas, many food/restaurants, and other retail stores. The carry major brands that are overstocked or open box at major discount prices. Owner has done $200,000 of leasehold improvements in exchange for rent at half the normal rate for the next 3 years with an option for an additional 5 years with the same terms. Current rate is $0.85/sqft with a 3% increase every year. The excellent lease terms are transferable with credit check and $1000 application fee to leasing company. Store is nicely organized, sectioned off in aisles with heavy duty shelves and display cases worth approximately $60,000. HD security camera system, POS, pallet jacks, and an electric forklift that's only 2 years old. Owner is also including inventory valued at an approximate cost of over $120,000. All this is included in the sale of the business only, not the building. Owner must leave the country asap. His loss is your gain, very motivated. Time is of the essence!
- property_subtype Other
- Site Link
Listing Agent: BRUCE PALENCIA
Courtesy of: RE/MAX TOP PRODUCERS
Office Phone: 909-590-8853
Updated: 20th May, 2018 11:21 AM.
2104 E Highland Avenue San Bernardino, CA