Redondo Beach's Favorite Cafe w/ Beer and Wine
Home / Listing / Redondo Beach's Favorite Cafe w/ Beer and Wine
This listing is: Off Market
Background
| BizEx ID: | BizEx374-MS |
|---|---|
| General Location: | Redondo Beach, CA |
| Category: |
Restaurant Coffee Shop |
| Years in Business: | 5 years |
| Under Present Owner: | 5 years |
| Hours of Operation: | 7 days, 8 am - 3 pm |
| Owner Hours: | call |
| Training: | 2 weeks @ 20 hours |
| Organization Type: | |
| Lease Expiration: | |
| Lease Options: | 3 Year Extenions Option |
| Building Size: | 1100 |
| Employees: | 8 |
| Reason for Sale: | Family Issues |
Financials
| Asking Price: | $210,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $340,000 |
| Discretionary Cash Flow: | $82,000 |
| FF&E: | |
| Inventory Included? | |
| Inventory: | |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $3,200 |
| Payroll: | $6,600 |
| Financing: | Call |
| 2009 | 2010 | |
|---|---|---|
| Gross Sales | $ 300,000 | $ 340,000 |
| Gross Profit | $ 225,000 | $ 267,000 |
| Disc. Earnings | $ 56,000 | $ 82,000 |
