0 Betteravia RdSanta Maria, CA 93454

Property Details for 0 Betteravia Rd

Property type

Retail properties

Property subtype

Other retail properties

Description

This thriving donut shop presents a fantastic investment opportunity in Santa Maria, California. Located within a bustling strip center boasting ample parking, this established business enjoys a highly visible street presence on Betteravia Rd, zip code 93454. The property is categorized as a Quick Service Restaurant (QSR) and offers significant growth potential due to very low competition in the immediate area. Recent financial performance demonstrates strong upward trajectory, with March 2024 gross sales reaching $62,000. Cost of goods sold for March totaled $3,500, resulting in a substantial net income of $20,000 after accounting for a net rent of $2,951 (including NNN expenses). This turnkey operation is offered at an asking price of $320,000. The sale requires a cash offer, a signed Non-Disclosure Agreement (NDA), and proof of funds. This is an exceptional chance to acquire a profitable, established business with a proven track record and significant upside. The property's location within a busy strip mall ensures high visibility and convenient access for customers. The consistent increase in sales further underscores the business's strong performance and market position. This presents a rare opportunity for a savvy investor seeking a profitable and established QSR in a desirable California market.

Location Insight

City

Santa Maria

County

Santa Barbara

State

California

Latitude

34.9238

Longitude

-120.409

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