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| You have accessed this listing information from the VR National database through: | The participating listing VR Business Broker Office is: |
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VR Business Brokers - Newport Beach, CA 1300 Bristol Street North Suite 230 Newport Beach, CA 92660-2745 (949) 752-9700 www.vrnewport.com ghines@vrnewport.com |
VR Business Brokers - Pasadena, CA 600 South Lake Ave. Suite 507 Pasadena, CA 91106 (626) 449-1500 x 102 www.vr-bsma.com tellis@vr-bsma.com |
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Business Listing Details |
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LISTING#: |
M0000: Land & Commercial Property Commercial Real Estate with Business |
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LOCATION: Pasadena |
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ASKING PRICE $499,000 |
AMOUNT DOWN $499,000 |
REVENUES: |
DISCRETIONARY EARNINGS |
TOTAL ASSETS $500,000 |
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| Priced Reduced - Motivated Seller! This is a unique opportunity to acquire an 1,833 square foot building on a 6,900 square foot lot on Lake Ave. in North Pasadena. The property offers the owner/user a heavily trafficked and well-located property that is situated directly across the street from a CVS anchored shopping center. Traffic counts along Lake Ave. average 35,000 cars per day. The building currently houses an existing business, a 40-year old sewing and vacuum sales and service company. The business can be included with the sale, or can vacate during escrow. Retailers in the immediate vicinity include CVS Pharmacy, Popeye's Chicken, KFC, McDonald's, Carls's Jr. and 7-Eleven.The asking price, $499,000 appears to be below the current market. Please call Tom Ellis, 626-407-2121 for more information. | |||||
| Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies. |