Business for Sale

Tea, Coffee & Specialty Drinks Franchise in Affluent South Bay Neighborhood

BizEx308-MS

Background

General Location:Manhattan Beach, CA
Category: Coffee Shop
Franchise
Years in Business:2
Under Present Owner:1.2
Hours of Operation:Mon-Sun 10 am-8 pm
Owner Hours:
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:2012
Lease Options:(2) 5 Year Options to Renew
Building Size:1,165
Employees:3
Reason for Sale:Other Business Interests

Financials

Asking Price:$149,000
Down Payment:$149,000
Gross Sales:$153,000
Discretionary Cash Flow:$53,000
FF&E:$50,000
Inventory Included?
Inventory:$3,000
Min. Operating Capital:
Real Estate Available?No
Rent:$4,983
Payroll:$2
Financing:Call

2009 2010
Gross Sales $ 153,000 $ 196,000
Gross Profit $ 114,750 $ 147,000
Disc. Earnings $ 47,037 $ 90,037

Return to Listings





Mina Singson-Brightman
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (808) 797-3067 ext 125
Direct: (310) 734-6769
Lic#: 01866495