Charming Santa Monica Cafe Near Beach Location
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This listing is: Off Market
Background
| BizEx ID: | BizEx740-MS |
|---|---|
| General Location: | Santa Monica, CA |
| Category: |
Coffee Shop Restaurants |
| Years in Business: | 14 |
| Under Present Owner: | 14 |
| Hours of Operation: | Mon-Sun |
| Owner Hours: | 9 am- 5pm Sun-F, Sat 9am-6 pm |
| Training: | 2 weeks @ 40 hours |
| Organization Type: | |
| Lease Expiration: | |
| Lease Options: | 2 years |
| Building Size: | |
| Employees: | 4 |
| Reason for Sale: | Family reasons |
Financials
| Asking Price: | $168,000 |
|---|---|
| Down Payment: | $168,000 |
| Gross Sales: | $364,000 |
| Discretionary Cash Flow: | $75,000 |
| FF&E: | |
| Inventory Included? | |
| Inventory: | |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $6,000 |
| Payroll: | $8,000 |
| Financing: | None |
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Gross Sales | $ 332,270 | $ 349,000 | $ 364,366 |
| Gross Profit | $ | $ | $ |
| Disc. Earnings | $ 62,000 | $ 75,000 | $ |
