This listing is: Off Market
Background
BizEx ID: | BizEx416-MS |
General Location: | Manhattan Beach, CA |
Category: |
Restaurant
Coffee Shop
|
Years in Business: | |
Under Present Owner: | |
Hours of Operation: | M-Sun 6:00 am-9 pm |
Owner Hours: | None |
Training: | None |
Organization Type: | |
Lease Expiration: | 2014 |
Lease Options: | 1 @ 3 years |
Building Size: | 1165 |
Employees: | 0 |
Reason for Sale: | Other business interest |
Financials
Asking Price: | $149,000 |
Down Payment: | Negotiable |
Gross Sales: | $225,000 |
Discretionary Cash Flow: | $60,000 |
FF&E: | $50,000 |
Inventory Included? | |
Inventory: | $3,000 |
Min. Operating Capital: | |
Real Estate Available? | No |
Rent: | $3,100 |
Financing: | Call |
|
2010 | 2011 | 2012 projected |
Gross Sales |
$ 191,300 | $ 225,000 | $ 260,000 |
Gross Profit |
$ 143,000 | $ 168,000 | $ 195,000 |
Disc. Earnings |
$ 28,000 | $ 56,000 | $ 94,000 |