This listing is: Off Market
Background
| BizEx ID: | BizEx270-JD |
| General Location: | San Diego, CA |
| Category: |
Wholesale/Distribution
Coffee Shop
|
| Years in Business: | 3 years |
| Under Present Owner: | 3 years |
| Hours of Operation: | 5:30 - 7:30 7 days |
| Owner Hours: | 40 hour week |
| Training: | 1 weeks @ 20 hours |
| Organization Type: | |
| Lease Expiration: | 2024 |
| Lease Options: | two five year Extensions |
| Building Size: | 4,500 |
| Employees: | 13 |
| Reason for Sale: | Govt Service |
Financials
| Asking Price: | $295,000 |
| Down Payment: | $60,000 |
| Gross Sales: | $566,000 |
| Discretionary Cash Flow: | $120,000 |
| FF&E: | $250,000 |
| Inventory Included? | |
| Inventory: | $20,000 |
| Min. Operating Capital: | $50,000 |
| Real Estate Available? | No |
| Rent: | $8,330 |
| Payroll: | $10 |
|---|
| Financing: | Seller |
|
Retail * | Wholesale* |
| Gross Sales |
$ 466,000 | $ 100,000 |
| Gross Profit |
$ 380,000 | $ 32,000 |
| Disc. Earnings |
$ 120,000 | $ 22,000 |