Profitable Retail H2O

Federal Way, WA

FOR SALE
Property Type:
Street Retail
Amount:
$220,000
Last Verified:
Oct 28, 2020


Description

Is there anything more essential than water? In these uncertain times everyone would agree that there will always be the simple human need for clean water. Seize the opportunity to become a staple of the community by owning a business that provides thousands of gallons clean water every year. The concept is straightforward as well as the execution. Filter the local water of all impurities, fill customer owned bottles, create a positive customer experience, repeat and refill. This location has been offering this great service since 1997. The Seller’s are the second owners of the store and have been operating it for 15 years, now it’s your turn. All the infrastructure is in place from the highly efficient water filtration system to a broad customer base. Since the beginning of Covid this store has cut their hours by about 30% but there has been no change to their revenue. With an unwavering demand for the product the consistent flow of business never ends. Not to mention the location is in a high growth area with massive potential to expand the customer base. This business could easily be run absentee or by an owner operator. Let’s connect so you can learn more about this solid opportunity!

Growing retail center

Building Size: 1579.0sq ft
Lot Size: 0.0 acres

Map of Federal Way, WA

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.