No. 1 Franchise Smoothie and Juice Bar
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Background
| BizEx ID: | BizEx645-MS |
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| General Location: | Santa Clarita, CA |
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| Category: |
Coffee Shop
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| Years in Business: | 7 |
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| Under Present Owner: | 5 |
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| Hours of Operation: | M-Sat 7am-9pm, Sun 8am-8pm |
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| Owner Hours: | onsite not necessary |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | 2016 |
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| Lease Options: | 1 @ 5 Yearas |
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| Building Size: | 1,000 |
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| Employees: | 15 |
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| Reason for Sale: | Looking for New Challenges |
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Financials
| Asking Price: | $488,888 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $590,000 |
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| Discretionary Cash Flow: | $140,000 |
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| FF&E: | |
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| Inventory Included? | |
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| Inventory: | $3,000 |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $3,491 |
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| Payroll: | $10 |
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| Financing: | SBA |
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|
2010 | 2011 | 2012 |
| Gross Sales |
$ 392,968 | $ 459,979 | $ 587,347 |
| Gross Profit |
$ 254,870 | $ 297,392 | $ 390,815 |
| Disc. Earnings |
$ 63,008 | $ 80,715 | $ 139,143 |
