This listing is: Off Market
Background
| BizEx ID: | BizEx1270-TM |
|---|---|
| General Location: | Venice, CA |
| Category: |
Coffee Shop Supermarkets |
| Years in Business: | 35 |
| Under Present Owner: | 1 |
| Hours of Operation: | M-F 9am-8pm; Sa-Su 8am-7pm |
| Owner Hours: | 30 |
| Training: | 6 weeks @ 20 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | 2028 |
| Lease Options: | |
| Building Size: | 2400 sq.ft. |
| Employees: | 8 |
| Reason for Sale: | Lack of Working Capital |
Financials
| Asking Price: | $499,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $700,000 |
| Discretionary Cash Flow: | Call |
| FF&E: | $100,000 |
| Inventory Included? | Yes |
| Inventory: | $180,000 |
| Min. Operating Capital: | $100,000 |
| Real Estate Available? | No |
| Rent: | $22,000 |
| Payroll: | $19,000 |
| Financing: | Call |
