South Bay Coffee & Tea House in Torrance, CA
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Background
| BizEx ID: | BizEx863-KF |
|---|---|
| General Location: | Torrance, CA |
| Category: |
Coffee Shop Other Eating & Drinking Places |
| Years in Business: | 5 |
| Under Present Owner: | 5 |
| Hours of Operation: | M-Sat 7am-6pm Sunday 7:45-am-12pm Thurs extended hours until 9pm |
| Owner Hours: | flexible to full time |
| Training: | 2 weeks @ 20 hours |
| Organization Type: | |
| Lease Expiration: | 01/01/19 |
| Lease Options: | |
| Building Size: | 600 |
| Employees: | 5 |
| Reason for Sale: | Moving out of the area |
Financials
| Asking Price: | $242,000 |
|---|---|
| Down Payment: | $242,000 |
| Gross Sales: | $211,000 |
| Discretionary Cash Flow: | $85,000 |
| FF&E: | $80,545 |
| Inventory Included? | |
| Inventory: | $5,000 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $850 |
| Payroll: | $3 |
| Financing: | Call |
