Last Revised: 9/10/19. Posting #: 254855
Key Words: discount, dollar, riverside
Financial Info: Price: $125,000+ Inventory. Down: $30-35%. Adjusted Net: $74,934. Annual Revenues: $646,796. Rent including CAM is under $.90 per square feet. Rent including CAM: $6,050+-. Building Size: 6,700+- sq. ft. Inventory is in the estimated amount of $125,000.
Profile: Great opportunity to own a large, well-established, major busy intersection located, high net, Dollar/Discount store in a busy and growing Riverside community.
Please note, that this high visibility store is located on a busy intersection with a high volume of vehicle and foot traffic ensuring a steady stream of clientele.
Additionally, this business strategically located adjacent to a residential as well as business communities inside a major shopping center anchored by a major national brand groceries chain as well as other national fast food chain store.
Rent including CAM is under $.90 per square feet.
Rent including CAM: $6,050+-
Building Size: 6,700+- sq. ft.
Inventory is in the estimated amount of $125,000.
Sellers lives in Los Angeles area and distance from home motivates sale.
Well established, low rent, great lease with potential growth opportunities and a very reasonable asking price presents a great acquisition opportunity.
Professional Resources & Contacts To Help You Close Your Deal!
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
Profile: If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
View All Related Resources & Advisors For This Posting
Profile: New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. We believe in long term relationships with our clients. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese.
Key Words: escrow, bulk sale, helen yoo, new century escrow
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: In this BBN Podcast Episode, Mike, a seasoned business buyer & BizBenNetwork member, discusses his recent search with BBN Facilitator Peter Siegel, MBA. In this online interview, he discusses his past experiences dealing with brokers and business sellers and offers helpful advice to fellow buyers.
Key Words: podcast, buyer, business buyer, mike, buying a business
Profile: Owner sellers begin the process of selling their business with incorrect assumptions derived from a subjective mindset, limiting their ability to properly market to buyers. By understanding the motivations and goals of business buyers better, owners can sell their businesses more quickly.
Key Words: selling a business, seller, buyers, escrow, spencer siegel
Profile: During the sale of your business, you are going to encounter many types of business buyers. BizBenNetwork Manager Jordan Green identifies 6 classifications of business buyers for business owners to look out for and explains their interests and motivations for buying a business.
Key Words: buyer, buyers, business buyer, business buyers, buy a business, entrepreneur, acquisition, acquire a business, jordan green
View Related Blog Posts For This Posting
Profile: BizBenNetwork Facilitator Manager Jordan Green (at 925-785-2282) explains the crucial role that business wanted to buy postings on BizBenNetwork play in providing buyers with a voice within the small business marketplace. Included are the best practices for advertising a business wanted posting.
Key Words: buying a business, buy a business, selling a business, sell a business, buyer, business buyer, business buyers, business wanted, business wanted to buy, advertising, marketing, jordan green
Related Discussions For This Posting
Comments & Replies: 1 Topics: business brokers, buying a business
Profile: BizBenNetwork Senior Facilitator Jordan Green with others share helpful tips for buyers to prepare for a business purchase in order to ensure a smooth and timely process. From preparation to effectively communicating their expectations with business brokers, these tips will assist all buyers.
Key Words: jordan green, business broker, broker, intermediary, buy a business, finding a business, business selection, entrepreneur
Comments & Replies: 11 Topics: advertising, buying a business, for sale by owner, non disclosures, selling a business
Profile: Recently a business owner asked me on the phone, "Why do you keep the sale of a business confidential? How do you keep the sale confidential - any good tips?" Multiple BBN Members weigh in on this topic and give some very good reasons why confidentiality is so important to both sellers and buyers.
Key Words: nda, confidentiality agreement, non disclosure agreement, confidentiality, confidential
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Comments & Replies: 11 Topics: business brokers, buyer representation, buying a business, financing, non SBA loans, SBA loans
Profile: I was asked this question by a buyer: “I’ve been looking for a small business to buy for over a year. Many business brokers are telling me that if you don’t find a business (or at least make an offer on a business) within a year, you’re probably not really serious about buying a business.
Key Words: buying a business, purchase business, business buyers, buyer, buy a business