EXPIRED
BizEx270-JD: Coffee shop Custom Roaster Retail wholesale



Background:

General Location:San Diegol , Ca
Category:Restaurants > Coffee Shop
Wholesale/Distribution
Years in Business:3 years
Under Present Owner:3 years
Hours of Operation:5:30 - 7:30 7 days
Owner Hours:40 hour week
Training:1 weeks, 20 hours/week
Organization Type:C Corp
Lease Expiration:July 05, 2010
Lease Options:Two five year Extensions
Building Size:4,500 sqft
Employees: 10 PT

Reason for Sale:
Owner was deployed to Iraq

Financials

Asking Price:$295,000
Down Payment:$60,000
Gross Sales:$566,000
Discretionary Cash Flow:$120,000
FF&E:$ 250,000
Inventory Included?Yes
Inventory:$ 18,000
Minimum Operating Capital:$ 40,000
Real Estate Available?No
Real Estate Asking Price:$ 0
Rent:$ 8,330/month
Payroll:$ 10.200/month
Financing:Seller

Retail *Wholesale*
Gross Sales466,000100,000
Gross Profit380,00032,000
Disc. Earnings120,000(22,000)

* YTD as of 6 months, ** = Prorated.

Broker Info


John DeGolyer
Business Broker
(310) 882-2200 ext 109
LIC# 01859016

Summary

Business for Sale: Retail Coffee Shop restaurant and Wholesale coffee roaster. This Coffee business is more like a high-end Winery or Microbrewery. In the first 6 months of business the retail store nets roughly 10K a month. The kitchen is ready to build out to a full restaurant. The wholesale side, has; a $130K Diedrich Roaster, new equipment, room to expand, new gas and electric utilities. This custom roasted fair-trade coffee - a green business has a 500K build-out and is offered with owner financing or creative work-out with down. The owner is willing to provide extensive training or to consider a partnership. The new owner should love roasting and making custom coffee, and understand marketing the third wave coffee experience: "coffee is more than Starbucks".

To learn more: www.bizex.net or contact John DeGolyer 310-882-2200 xt 109


More Details

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DISCLAIMER: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.