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25920 Iris Avenue

Moreno Valley, CA 92551
  • $475,000
  • STATUS: Active
  • ON SITE: 93 Days
  • ID#: CV21161148
UPDATED: 59 min ago
$475,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Description

SMOKE SHOP - Amazing NET profits $18,000-25,000 a month. Very high traffic with year over year growth the past 9 years. All detailed financials. Owner wants to Retire and pass the torch. Big Anchor Tenants which draws plenty of costumers in addition to the well known Tobacco Leaf Smoke Shop. Gross profits over 1 Million Dollars and net between $190,000-210,000 with much room for growth. Seller is asking $475,000 plus inventory. Inventory is approx $125,000 give or take. Smoke shop, Lotto, Smoke accessories etc. CASH FLOW CASH FLOW CASH FLOW.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-28T09:25:57.317. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Randy Horowitz & Associates | Century 21 Peak. Licensed in the State of California, USA.
www.randyhorowitzandassociates.com/homes/119708490
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25920 Iris Avenue Moreno Valley, CA 92551

  • Price: $475,000
  • Status: Active
  • Updated: 59 min ago
  • ID#: CV21161148
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
259 - Moreno Valley
County:
Riverside
Area:
259 - Moreno Valley
Property Description
SMOKE SHOP - Amazing NET profits $18,000-25,000 a month. Very high traffic with year over year growth the past 9 years. All detailed financials. Owner wants to Retire and pass the torch. Big Anchor Tenants which draws plenty of costumers in addition to the well known Tobacco Leaf Smoke Shop. Gross profits over 1 Million Dollars and net between $190,000-210,000 with much room for growth. Seller is asking $475,000 plus inventory. Inventory is approx $125,000 give or take. Smoke shop, Lotto, Smoke accessories etc. CASH FLOW CASH FLOW CASH FLOW.
Exterior Features

Sign On Property YN No

Property Features

Additional Parcels YN No Business Type Retail Leasable Area 1078 Lease Renewal Option YN Yes Listing Agreement Exclusive Right To Sell Listing Terms CashCash To New LoanContract Total Actual Rent 2322

Listing provided courtesy of Abraham Prattella of Sauder Real Estate


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-28T09:25:57.317. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Randy Horowitz & Associates | Century 21 Peak. Licensed in the State of California, USA.
 
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