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 $




Eric Mellem
Business Broker/ M&A Advisor
4551 Glencoe Ave. #210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 01220802

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations