Juices, Tea, Boba Café in Manhattan Bch

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Background

BizEx ID:BizEx1387-EM
General Location:Manhattan Beach, CA
Category: Coffee Shop
Other Eating & Drinking Places
Years in Business:13
Under Present Owner:3
Hours of Operation:9:00am - 7:00pm
Owner Hours:Varies
Training:2 weeks @ 30 hours
Organization Type:LLC
Lease Expiration:
Lease Options:Buyer to sign a new lease
Building Size:1,100
Employees:7
Reason for Sale:Other Opportunities

Financials

Asking Price:$395,000
Down Payment:Negotiable
Gross Sales:$475,000
Discretionary Cash Flow:$220,000
FF&E:$30,000
Inventory Included?Yes
Inventory:$1,000
Min. Operating Capital:TBD
Real Estate Available?No
Rent:$6,000
Payroll:$3,000
Financing:Other

2021 2020
Gross Sales $ 470,000 $ 420,000
Gross Profit $ $
Disc. Earnings $ 215,000 $ 200,000

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