Charming Santa Monica Cafe Near Beach!
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Background
| BizEx ID: | BizEx740-MS |
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| General Location: | Santa Monica, CA |
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| Category: |
Coffee Shop
Restaurants
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| Years in Business: | 14 |
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| Under Present Owner: | 14 |
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| Hours of Operation: | Mon-Sun |
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| Owner Hours: | 9 am- 5pm Sun-F, Sat 9am-6 pm |
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| Training: | 2 weeks @ 40 hours |
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| Organization Type: | |
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| Lease Expiration: | |
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| Lease Options: | 2 years |
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| Building Size: | |
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| Employees: | 4 |
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| Reason for Sale: | Family reasons |
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Financials
| Asking Price: | $168,000 |
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| Down Payment: | $168,000 |
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| Gross Sales: | $364,000 |
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| Discretionary Cash Flow: | $75,000 |
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| FF&E: | |
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| Inventory Included? | |
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| Inventory: | |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $6,000 |
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| Payroll: | $8,000 |
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| Financing: | None |
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|
2011 | 2012 | 2013 |
| Gross Sales |
$ 332,270 | $ 349,000 | $ 364,366 |
| Gross Profit |
$ | $ | $ |
| Disc. Earnings |
$ 62,000 | $ 75,000 | $ |
Mina Singson-Brightman
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (808) 797-3067 ext 125
Direct: (310) 734-6769
Lic#: 01866495
OFF MARKET
