New BizEx Business For Sale: South Bay Coffee and Tea House
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The Biz Blog
August 26, 2015 by Kendric Foultz
New BizEx Business For Sale: South Bay Coffee and Tea House
Kendric Foultz, CBB just launched a new listing: https://www.bizex.net/listing/863
South Bay Coffee and Tea House Asking: $242,000 * Gross: $196,000 * Net: $70,000
Coffee and Tea business for sale in the South Bay area of Los Angeles County is a real gem. Savvy owners put this together five years ago and have turned it into a local favorite. Relocation plans have forced them to sell so now is the time to jump on this growing business. Great location and a rent rate of around 5% of revenues makes this opportunity sweeter than the pastries they sell. Rent is only $850 per month. This low rent includes a permitted sidewalk cafe element. Based on last projections the business is looking at an adjusted net of about $100,000. This is an ideal business for a single owner or husband/wife team, etc. Too many amenities to mention here so go to www.bizex.net and register to get the whole picture or you may call Kendric Foultz directly at 310-968-2369 for details.
Kendric Foultz, CBB Email: kfoultz@bizex.net Office: (310) 882-2200 ext 102 Blog: https://www.bizex.net/blog Web: https://www.bizex.net/business-broker/kendric-foultz
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