Redondo Beach's Favorite Cafe w/ Beer and Wine
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Background
| BizEx ID: | BizEx374-MS |
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| General Location: | Redondo Beach, CA |
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| Category: |
Restaurant
Coffee Shop
|
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| Years in Business: | 5 years |
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| Under Present Owner: | 5 years |
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| Hours of Operation: | 7 days, 8 am - 3 pm |
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| Owner Hours: | call |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | |
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| Lease Options: | 3 Year Extenions Option |
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| Building Size: | 1100 |
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| Employees: | 8 |
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| Reason for Sale: | Family Issues |
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Financials
| Asking Price: | $210,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $340,000 |
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| Discretionary Cash Flow: | $82,000 |
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| FF&E: | |
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| Inventory Included? | |
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| Inventory: | |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $3,200 |
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| Payroll: | $6,600 |
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| Financing: | Call |
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|
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
