Charming Santa Monica Cafe Near Beach!

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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 $




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

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