Tea, Coffee & Specialty Drinks Franchise in Affluent South Bay Neighborhood
Home / Listing / Tea, Coffee & Specialty Drinks Franchise in Affluent South Bay Neighborhood
This listing is: Expired
Background
| BizEx ID: | BizEx308-MS |
|---|---|
| General Location: | Manhattan Beach, CA |
| Category: |
Coffee Shop |
| Years in Business: | 2 |
| Under Present Owner: | 1.2 |
| Hours of Operation: | Mon-Sun 10 am-8 pm |
| Owner Hours: | |
| Training: | 2 weeks @ 20 hours |
| Organization Type: | |
| Lease Expiration: | 2012 |
| Lease Options: | (2) 5 Year Options to Renew |
| Building Size: | 1,165 |
| Employees: | 3 |
| Reason for Sale: | Other Business Interests |
Financials
| Asking Price: | $149,000 |
|---|---|
| Down Payment: | $149,000 |
| Gross Sales: | $153,000 |
| Discretionary Cash Flow: | $53,000 |
| FF&E: | $50,000 |
| Inventory Included? | |
| Inventory: | $3,000 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $4,983 |
| Payroll: | $2 |
| Financing: | Call |
| 2009 | 2010 | |
|---|---|---|
| Gross Sales | $ 153,000 | $ 196,000 |
| Gross Profit | $ 114,750 | $ 147,000 |
| Disc. Earnings | $ 47,037 | $ 90,037 |
