Reseda, CA

“In investing, what is comfortable is rarely profitable.” – Robert Arnott

Reseda, CA

Status: Sold
ID: #1291
Price: $350,000
City: Reseda, CA 91335
Area: San Fernando Valley

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  • BANK LOANS ARRANGED TO HELP YOU BUY

    In consideration of information furnished to me of the above places of business as being available for sale, I agree that should I buy or come into possession of any of the above places of business without dealing through your office, I agree to pay you, on demand, the commission which you would have received from the seller had I dealt or purchased through your office, which commission I understand is ten percent of the purchase price.

    I HAVE HAD NO PREVIOUS INFORMATION CONCERNING THE BUSINESSES ON THIS LIST IF I MAKE THE PURCHASE THROUGH YOUR OFFICE, I AM NOT LIABLE FOR ANY COMMISSION.
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  • Price: $350,000
  • Square Footage: 2400
  • Monthly Gross Income: 23,500
  • Net Income: 8,005
  • ROI: 27%
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Investment Overview

Owner is retiring. Great opportunity to remodel and increase revenues.

Store is in major shopping center with plenty of parking.

-54 washers

-23 stack dryers

New long term lease for qualified buyers.