This listing is: Off Market
Background
| BizEx ID: | BizEx416-MS |
| General Location: | Manhattan Beach, CA |
| Category: |
Restaurant
Coffee Shop
|
| Years in Business: | |
| Under Present Owner: | |
| Hours of Operation: | M-Sun 6:00 am-9 pm |
| Owner Hours: | None |
| Training: | None |
| Organization Type: | |
| Lease Expiration: | 2014 |
| Lease Options: | 1 @ 3 years |
| Building Size: | 1165 |
| Employees: | 0 |
| Reason for Sale: | Other business interest |
Financials
| Asking Price: | $149,000 |
| Down Payment: | Negotiable |
| Gross Sales: | $225,000 |
| Discretionary Cash Flow: | $60,000 |
| FF&E: | $50,000 |
| Inventory Included? | |
| Inventory: | $3,000 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $3,100 |
| Financing: | Call |
|
2010 | 2011 | 2012 projected |
| Gross Sales |
$ 191,300 | $ 225,000 | $ 260,000 |
| Gross Profit |
$ 143,000 | $ 168,000 | $ 195,000 |
| Disc. Earnings |
$ 28,000 | $ 56,000 | $ 94,000 |