West LA Healthfood Store with Cafe
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Background
| BizEx ID: | BizEx1270-TM |
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| General Location: | Venice, CA |
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| Category: |
Coffee Shop
Supermarkets
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| Years in Business: | 35 |
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| Under Present Owner: | 1 |
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| Hours of Operation: | M-F 9am-8pm; Sa-Su 8am-7pm |
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| Owner Hours: | 30 |
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| Training: | 6 weeks @ 20 hours |
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| Organization Type: | S-Corp |
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| Lease Expiration: | 2028 |
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| Lease Options: | |
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| Building Size: | 2400 sq.ft. |
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| Employees: | 8 |
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| Reason for Sale: | Lack of Working Capital |
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Financials
| Asking Price: | $499,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $700,000 |
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| Discretionary Cash Flow: | Call |
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| FF&E: | $100,000 |
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| Inventory Included? | Yes |
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| Inventory: | $180,000 |
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| Min. Operating Capital: | $100,000 |
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| Real Estate Available? | No |
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| Rent: | $22,000 |
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| Payroll: | $19,000 |
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| Financing: | Call |
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Tony Miller
M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 143
Direct:
Lic#: 02004232
