Tea, Coffee & Specialty Drinks Franchise in Affluent South Bay Neighborhood

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This listing is: Expired

Background

BizEx ID:BizEx308-MS
General Location:Manhattan Beach, CA
Category: Coffee Shop

Years in Business:2
Under Present Owner:1.2
Hours of Operation:Mon-Sun 10 am-8 pm
Owner Hours:
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:2012
Lease Options:(2) 5 Year Options to Renew
Building Size:1,165
Employees:3
Reason for Sale:Other Business Interests

Financials

Asking Price:$149,000
Down Payment:$149,000
Gross Sales:$153,000
Discretionary Cash Flow:$53,000
FF&E:$50,000
Inventory Included?
Inventory:$3,000
Min. Operating Capital:
Real Estate Available?No
Rent:$4,983
Payroll:$2
Financing:Call

2009 2010
Gross Sales $ 153,000 $ 196,000
Gross Profit $ 114,750 $ 147,000
Disc. Earnings $ 47,037 $ 90,037

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