370 S Thomas Street

    Pomona, CA 91766
    • $49,500
    • STATUS: Active
    • ON SITE: 108 days
    • ID#: CV19280033
    UPDATED: 36 min ago
    $49,500
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    Here's your opportunity to own one of the most popular and profitable spots in Downtown. The Shisha Room is a Smoking Lounge & Tobaccos Shop. The lounge is licensed for indoor smoking and smoke shop. The lounge is grandfathered in so no other lounges are permitted in Downtown Pomona. It is located among 4 bars, 4 night clubs and various night life businesses. The hours of operation are 10am-2am Sunday through Thursday. 10am-3am Friday and Sat.Monthly gross : $14,000ExpensesRent: $1,938 (includes water and trash).Utilities: $300 (Edison, Cable and Internet).Supplies: $1,500 to $2,000 (tobacco and concessions).Licenses and permits: $550 PER YEAR (city and state).See Supplemental List for full Inventory List that's transferable.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-30T20:30:09.703. 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 The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.

    www.northsdrealty.com/homes/101681140

    370 S Thomas Street Pomona, CA 91766

    • Price: $49,500
    • Status: Active
    • Updated: 36 min ago
    • ID#: CV19280033
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    687 - Pomona
    County:
    Los Angeles
    Area:
    687 - Pomona
    Property Description
    Here's your opportunity to own one of the most popular and profitable spots in Downtown. The Shisha Room is a Smoking Lounge & Tobaccos Shop. The lounge is licensed for indoor smoking and smoke shop. The lounge is grandfathered in so no other lounges are permitted in Downtown Pomona. It is located among 4 bars, 4 night clubs and various night life businesses. The hours of operation are 10am-2am Sunday through Thursday. 10am-3am Friday and Sat.Monthly gross : $14,000ExpensesRent: $1,938 (includes water and trash).Utilities: $300 (Edison, Cable and Internet).Supplies: $1,500 to $2,000 (tobacco and concessions).Licenses and permits: $550 PER YEAR (city and state).See Supplemental List for full Inventory List that's transferable.
    Interior Features

    Building Features Tv System Seating Capacity 65

    Property Features

    Accounting Type Actual Additional Parcels YN No Building Area Units Square Feet Business Type Bar/Tavern/LoungeMixedOther Country Us Gross Operating Income 14000.00 Inclusions InventoryHookahsCurrent Tobacco StockTvsCouchesPos SystemSecurity Camera System Leasable Area Units Square Feet Lease Renewal Option YN Yes Net Profit 10200 Number Of Full Time Employees 1 Number Of Part Time Employees 2 Operating Expense 3800.00 Total Actual Rent 1938.00 Year Established 2015 Years Current Owner 5

    Listing provided courtesy of Basil Sakr of Re/Max Top Producers


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-30T20:30:09.703. 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 The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.

     
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    Carlsbad CA, 92009