Coffee, Tea,Smoothie & Specialty Drinks Franchise

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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

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