Redondo Beach's Favorite Cafe w/ Beer and Wine
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Background
BizEx ID: | BizEx374-MS |
General Location: | Redondo Beach, CA |
Category: |
Restaurant
Coffee Shop
|
Years in Business: | 5 years |
Under Present Owner: | 5 years |
Hours of Operation: | 7 days, 8 am - 3 pm |
Owner Hours: | call |
Training: | 2 weeks @ 20 hours |
Organization Type: | |
Lease Expiration: | |
Lease Options: | 3 Year Extenions Option |
Building Size: | 1100 |
Employees: | 8 |
Reason for Sale: | Family Issues |
Financials
Asking Price: | $210,000 |
Down Payment: | Negotiable |
Gross Sales: | $340,000 |
Discretionary Cash Flow: | $82,000 |
FF&E: | |
Inventory Included? | |
Inventory: | |
Min. Operating Capital: | |
Real Estate Available? | No |
Rent: | $3,200 |
Payroll: | $6,600 |
---|
Financing: | Call |
|
2009 | 2010 |
Gross Sales |
$ 300,000 | $ 340,000 |
Gross Profit |
$ 225,000 | $ 267,000 |
Disc. Earnings |
$ 56,000 | $ 82,000 |
Mina Singson-Brightman
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (808) 797-3067 ext 125
Direct: (310) 734-6769
Lic#: 01866495