Titusville, FL 32796,Address not disclosed
Titusville, FL 32796,Address not disclosed
Titusville, FL 32796,Address not disclosed
Titusville, FL 32796,Address not disclosed
Titusville, FL 32796,Address not disclosed
Titusville, FL 32796,Address not disclosed
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$ 125,000
Est. payment | /mo

2,296 SqFt


$ 125,000
Est. payment | /mo

2,296 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 2,296 sqft

Price per Sqft $54

MLS Listing ID S5130849

HOA Y/N No

Lot Size 0.460 Acres

Acres 0.46

Property Sub-Type Business

Source Stellar MLS

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

Location

State FL

Area 32796 - Titusville

Building

Water None

Others

Ownership Corporation

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/S5130849

Stellar MLS
Listed by LIFESTYLE INTERNATIONAL REALTY
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