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South Bay Coffee and Tea House

BizEx863-KF

Background

General Location:Torrance, CA
Category: Coffee Shop
Other Eating & Drinking Places
Years in Business:5
Under Present Owner:5
Hours of Operation:M-Sat 7am-6pm Sunday 7:45-am-12pm Thurs extended hours until 9pm
Owner Hours:flexible to full time
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:01/01/19
Lease Options:
Building Size:600
Employees:5
Reason for Sale:Moving out of the area

Financials

Asking Price:$242,000
Down Payment:$242,000
Gross Sales:$211,000
Discretionary Cash Flow:$85,000
FF&E:$80,545
Inventory Included?
Inventory:$5,000
Min. Operating Capital:
Real Estate Available?No
Rent:$850
Payroll:$3
Financing:Call

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Kendric Foultz, CBB
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 102
Direct: (310) 968-2369
Lic#: 01376005