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Titusville,FL 32796
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