Market - High Gross - High Net - Low Rent

San Bernardino, CA (San Bernardino County)

Market - High Gross - High Net - Low Rent
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Asking Price: $1,250,000

Cash Flow: N/A

Gross Revenue: $2,609,477

EBITDA: N/A

FF&E: $0

Inventory: $175,000*

Rent: $6,000 per Month

Established: N/A

*not included in asking price.

Market - High Gross - High Net - Low Rent

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Business Description

Great opportunity to own a High Gross, Low Rent, Well Established, High Visibility Market with Long Term Lease.

FINANCIAL HIGHLIGHTS:
Gross Revenues F.Y. 2021: $2,609,477.00
Gross Revenues DO NOT include Lotto Sales

Check Cashing Revenues F.Y. 2021: $28,215,729.00
Check Cashing Commissions F.Y. 2021: $419,769.00

Building Size: 5500 SqFt +-
Rent: $6,000.00

Lease: 10 Years
Options:5+5

This business has been pre-qualified by an SBA lender for financing with estimated 30% down for a qualified buyer.

Buyers are invited to request and execute an NDA, provide Proof of Funds for additional information.

Employees, Customers, Vendors, Etc.. are unaware of this business being offered for sale. Kindly utilize utmost discretion.

Disclaimer: The aforementioned information was furnished by the Seller. Business Brokers or its agents have not and will not verify the accuracy or completeness of information provided and make no representations as to its accuracy or reliability. Purchaser’s are hereby advised to consult with their legal, financial and other experts to the extend they may deem necessary.

Detailed Information

Location:
San Bernardino, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
5,500
Lease Expiration:
N/A
Contact

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(from currently available funds)
 
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Mani Singh, CBB, CBI, M&AMI.

Business Listed By:
Mani Singh

TNW Business Brokers

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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Ad#:1966897

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