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Map
$162,276*
●
Commercial -
Off Market
1019 W Glendora Avenue
West Covina, CA 91790
Studio
0 Bath
$99,000 - $121,000
Reference Base Price*
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
This is a 15 years established Franchise tea shop for sale in a big
plaza on Glendora Ave in West Covina. If you want to keep the
franchise, you need to pay to the company for training. You can use
your own brand to run the shop but seller won't train and needs to
take the franchise items from the shop back before escrow closed.
This is a stable business. 2 full time employees (Seller works as
full timer) and 5 part time employees. They open 7 days a week from
11am to 11pm. Yearly gross is about $360,000. Net is about $96,000.
Seller bought this business about 2 years ago. He is going to
move to a new home and he can no longer take care of the business.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1948
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 4, 2019 | No longer available | - | |
No longer available | |||
Jan 21, 2019 | Listed | $110,000 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
01/21/2019
|
|
Studio
|
-
|
-
|
$110,000
Studio
-
|
-
-
|
-
|
-
|
Building Info
1019 South Glendora Avenue
1019 South Glendora Avenue, West Covina, CA 91790