Coffee, Boba, Juice, Sandwich Shop Manhattan Beach
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Background
| BizEx ID: | BizEx1222-EM |
|---|---|
| General Location: | Manhattan Beach, CA |
| Category: |
Restaurant Coffee Shop |
| Years in Business: | 9 |
| Under Present Owner: | 2 |
| Hours of Operation: | 7 days; 7:00am - 5:00pm |
| Owner Hours: | Varies |
| Training: | 2 weeks @ 30 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | 2019 + 5 Year Option |
| Lease Options: | 5 Year Option |
| Building Size: | 1,100 |
| Employees: | 5 |
| Reason for Sale: | Moving out of Country |
Financials
| Asking Price: | $150,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $450,000 |
| Discretionary Cash Flow: | $50,000 |
| FF&E: | |
| Inventory Included? | Yes |
| Inventory: | $8,000 |
| Min. Operating Capital: | TBD |
| Real Estate Available? | No |
| Rent: | $5,420 |
| Payroll: | $7 |
| 2018 May | 2017 | |
|---|---|---|
| Gross Sales | $ 205,000 | $ 480,000 |
| Gross Profit | $ | $ |
| Disc. Earnings | $ 57,000 | $ |
