Property Address 818 South La Brea Avenue Inglewood, CA 90310

Summary Price: $ 625,000 Down Payment 25% Current CAP: on existing bldg Market CAP: on existing bldg Cost per Sq Ft Annual Rent per SF Approx. Gross SF Approx. Net RSF: Approx. Lot Size: Land Cost per SF: Year Built:
Total Number of Parking Spaces

Property and Business For Sale

"South Bay Towels"

Building Land

12711 Ventura Blvd., Ste. 290 Studio City, CA 91604

$625,000 $156,250 14.42% 14.42% $196.36 $109.09 3,183 1,650 3,183 $196.36 1938 60 Current Current Rents $180,000 NNN $180,000 $180,000 $89,898 $90,102 ($33,725) $56,377 $5,756 $62,134

Financing Proposed Financing for Building & Land $ 468,750 New First Loan Amount: Terms: 30 years Interest rate: 6.00%

For More Information Contact: Kenneth Mathis Cell: 310-350-0225 Email: mathis502@gmail.com Market Market Rents $180,000 NNN $180,000 $180,000 $89,898 $90,102 ($33,725) $56,377 $5,756 $62,134

Annualized Operating Data Scheduled Gross Operating Income: CAM Reimbursement: Scheduled Gross Operating Income: Less Vacancy Rate Reserve: Effective Gross Income: Less Expenses: Net Operating Income: Less Loan Payments: Pre-Tax Cash Flow: Plus Principal Reduction: Total Return Before Taxes:

36.1% * 39.8% * * Business Only

36.1% * 39.8% *
*

Annualized Expenses Taxes 2013 Tax Rate 1.20% Expenses: CURRENT $89,898 MARKET

Total Expenses: Per Sq. Ft.:

$89,898 $28.24

PROPERTY DESCRIPTION: E xpenses on next page. Business for sale. The business is a Laundry Service. Grosses $180,000 a year The following equipment is included: (2) 100lb Washers, (3) 75lb Washers, (1) 50lb Washer (6) 75lb Dryers, (1) flatwork ironer, (1) tying machine and 2 Vans (year 2010 and year 2003).
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

Property and Business For Sale

Property Address 818 South La Brea Avenue Inglewood, CA 90310
For More Information Contact: Kenneth Mathis Cell: 310-350-0225 Email: mathis502@gmail.com 12711 Ventura Blvd., Ste. 290 Studio City, CA 91604

"South Bay Towels"

Expenses
Mortage Taxes SoCalGas InsuranceBusiness AutoInsurace SCE Water/CityofInglewood AutoGas FordTransitVan GeneralMaint. ATT Soap WorkerI WorkerII WorkerIII Monthly $1,275.00 $323.50 $650.00 $200.00 $250.00 $375.00 $643.00 $800.00 $400.00 $300.00 $35.00 $1,000.00 $720.00 $320.00 $200.00 $7,491.50 Yearly $15,300.00 $3,882.00 $7,800.00 $2,400.00 $3,000.00 $4,500.00 $7,716.00 $9,600.00 $4,800.00 $3,600.00 $420.00 $12,000.00 $8,640.00 $3,840.00 $2,400.00 $89,898.00

PROPERTY DESCRIPTION: E xpenses. Business for sale. The business is a Laundry Service. Grosses $180,000 a year The following equipment is included: (2) 100lb Washers, (3) 75lb Washers, (1) 50lb Washer (6) 75lb Dryers, (1) flatwork ironer, (1) tying machine and 2 Vans (year 2010 and year 2003).
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.