Juices, Tea, Boba Café in Manhattan Bch
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Background
| BizEx ID: | BizEx1387-EM |
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| General Location: | Manhattan Beach, CA |
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| Category: |
Coffee Shop
Other Eating & Drinking Places
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| Years in Business: | 13 |
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| Under Present Owner: | 3 |
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| Hours of Operation: | 9:00am - 7:00pm |
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| Owner Hours: | Varies |
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| Training: | 2 weeks @ 30 hours |
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| Organization Type: | LLC |
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| Lease Expiration: | |
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| Lease Options: | Buyer to sign a new lease |
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| Building Size: | 1,100 |
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| Employees: | 7 |
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| Reason for Sale: | Other Opportunities |
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Financials
| Asking Price: | $395,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $475,000 |
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| Discretionary Cash Flow: | $220,000 |
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| FF&E: | $30,000 |
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| Inventory Included? | Yes |
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| Inventory: | $1,000 |
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| Min. Operating Capital: | TBD |
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| Real Estate Available? | No |
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| Rent: | $6,000 |
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| Payroll: | $3,000 |
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| Financing: | Other |
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|
2021 | 2020 |
| Gross Sales |
$ 470,000 | $ 420,000 |
| Gross Profit |
$ | $ |
| Disc. Earnings |
$ 215,000 | $ 200,000 |
