42 E 1230 N

    Provo, UT 84604
    • $99,995
    • STATUS: Active
    • ON SITE: 127 days
    • ID#: 1538320
    UPDATED: 26 min ago
    $99,995
    • 0
      BEDS
    • 0.63
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2003
    County:

    School Ratings & Info

    Description

    Please do not disturb employees - they are not aware of the sale! Ever want to own your own business and be your own boss? Pop'n Sweets currently has four stores (South Jordan, American Fork, Provo, & Cedar City (the numbers above are only for the Provo store). Owner would Ideally like to sell them all together, but he's willing to sell them individually. If sold individually, only one buyer could retain the Pop'n Sweets business name and signage & the other buyers would have to create a new brand. Each location leases the space (Provo location costs $1930/mo which includes CAM fees, there is optional warehouse space that is leased as well. Income for this property in 2017 was $190,263.71 minus $77,162 in expenses (employees, lease, etc...) and $62,784 in product for a net profit of over $50k. The West Jordan store had a net profit of around $65k in 2017.

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    The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2018 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. Data last updated: 2018-11-12T17:36:09.407.
    www.actionteamutah.com/homes/85393736

    42 E 1230 N Provo, UT 84604

    • Price: $99,995
    • Status: Active
    • Updated: 26 min ago
    • ID#: 1538320
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.63
    Acres
    2003
    Built
    Neighborhood:
    Orem; Provo; Sundance
    County:
    Utah
    Area:
    Orem; Provo; Sundance
    Property Description
    Please do not disturb employees - they are not aware of the sale! Ever want to own your own business and be your own boss? Pop'n Sweets currently has four stores (South Jordan, American Fork, Provo, & Cedar City (the numbers above are only for the Provo store). Owner would Ideally like to sell them all together, but he's willing to sell them individually. If sold individually, only one buyer could retain the Pop'n Sweets business name and signage & the other buyers would have to create a new brand. Each location leases the space (Provo location costs $1930/mo which includes CAM fees, there is optional warehouse space that is leased as well. Income for this property in 2017 was $190,263.71 minus $77,162 in expenses (employees, lease, etc...) and $62,784 in product for a net profit of over $50k. The West Jordan store had a net profit of around $65k in 2017.
    Exterior Features

    Frontage Facing N Length In Feet Of Back Of Property 0.0 Length In Feet Of Front Of Property 0.0 Length In Feet Of Side Of Property 0.0

    Interior Features

    Retail Sq Ft Maximum For Lease 1301 Retail Sq Ft Minimum For Lease 1301

    Property Features

    Business Name Pop'nsweets Capitalization Rate 0.50 Commercial Property Type Retail Gross Scheduled Income 190264 Lease Terms From 1800-01-01 Lease Terms To 1800-01-01 Net Operating Income 50317 Owner Type Property Owner Possession Nego Sublease From 1800-01-01 Sublease To 1800-01-01 Taxes 13919 Zoning Commercial

    Listing provided courtesy of Equity Real Estate - Solid. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2018 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


    The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2018 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. Data last updated: 2018-11-12T17:36:09.407.
     
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