I recently got a good deal I suppose but I am not so sure as the rent /gross is greater than 35%
Here is what I got ( I think I need more info for maintenance )
The expense for the year is $132,792
Rent = $8,416 (including Triple NNN & Sewer) Water = $700-$1200
PGE = $1000- $1600
Insurance = $150
Employee = $2,000
Monthly expenses $12,866
Gross income yearly $292,800
TV broad = $100
Ad stand = $50-100
Supplies & drinks & vending = $700-$1,200 Machines income = $19,000 – $23,000
Monthly income $24,400
Yearly Net $160,008 Estimate
This a great opportunity to generate more income:
– Wash & Fold
– Alteration
– Longer hours – Now open 7:30 am -7 pm The
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