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Address Not Published

Orange, CA 92869
  • $375,000
  • STATUS: Active
  • ON SITE: 83 Days
  • ID#: OC22259621
UPDATED: 82 min ago
$375,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Business Opportunity
Built:
2021
County:

School Ratings & Info

Listing Agent(s): Ryan Donguyen of Homelending Real Estate Inc. (714-280-2397)


Description

This is your opportunity to own a newly build LEE'S SANDWICHES in the City of Orange. About 1400 square foot. $6000/month lease with NNN. 4 years lease left plus 5 years option. Vendor fee 4.95% weekly gross sale. Located in a Great big busy plaza, lots of parkings, big brand name retail store surround the area.This Lee's sandwich store established 1 year ago and is "absentee-run". IF owner runs income possible up 1.5 to double per owner.The owner have a team of 10 employees fully trained. The franchisor offers 2 weeks of training. Reason for sale is because the owner is too busy run other Lees sandwiches stores and have no time for this new store.Serious buyers only, good credit, prove of fund or loan. Buyers will sign the CND form before showing.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-23T00:28:41.777. 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 Reason Real Estate | Side Inc. Licensed in the State of California, USA.
www.searchwithreason.com/homes/135633957
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Address Not Published Orange, CA 92869

  • Price: $375,000
  • Status: Active
  • On Site: 83 Days
  • Updated: 82 min ago
  • ID#: OC22259621
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2021
Built
Neighborhood:
75 - Orange, Orange Park Acres E of 55
County:
Orange
Area:
75 - Orange, Orange Park Acres E of 55
Property Description
This is your opportunity to own a newly build LEE'S SANDWICHES in the City of Orange. About 1400 square foot. $6000/month lease with NNN. 4 years lease left plus 5 years option. Vendor fee 4.95% weekly gross sale. Located in a Great big busy plaza, lots of parkings, big brand name retail store surround the area.This Lee's sandwich store established 1 year ago and is "absentee-run". IF owner runs income possible up 1.5 to double per owner.The owner have a team of 10 employees fully trained. The franchisor offers 2 weeks of training. Reason for sale is because the owner is too busy run other Lees sandwiches stores and have no time for this new store.Serious buyers only, good credit, prove of fund or loan. Buyers will sign the CND form before showing.
Property Features

Additional Parcels YN No Business Type Restaurant Leasable Area 1400 Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Operating Expense 660000 Total Actual Rent 6000



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-23T00:28:41.777. 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 Reason Real Estate | Side Inc. Licensed in the State of California, USA.
 
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Reason Real Estate | Side Inc
3419 Via Lido, #155
Newport Beach CA, 92663
Listing Agent(s): Ryan Donguyen of Homelending Real Estate Inc. (714-280-2397)