Neighborhood Coffee Shop

Sold

Well established neighborhood coffee shop with loyal clientele! Located in a densely populated neighborhood within a short walk of hundreds of homes and businesses. Kitchen includes a hood and grease trap. Business currently serves breakfast 7 days a week. Rent also includes a ~750 square foot 1 bedroom cottage! You could live in the cottage or rent it out! Seller states that rental rates for a 1 bedroom range from $800 – $1,100 in the area. This could potentially add another $10,000 – $12,000 annually to your bottom line! Seller has CPA prepared financials. Asking price is less than 2 times Adjusted Net Profit! This opportunity will sell quickly. Please call immediately for more details!

Financial Information

Asking Price:
$109,000
Down Payment:
$90,000
Gross Sales:
$342,036
Total Income:
$60,639
Equipment/Fixtures:
$40,000
Inventory:
$1,000
Location:
San Diego, CA
Business Type:
Food/Restaurant

Seller Carry Terms Offered:
$90,000 DP; Balance SCN for 12 months at 6% interest.

Asset & Lease Information

Inventory Included:
$1,000
Leasehold Improvements:
$
Equipment/Fixtures:
$40,000
Base Rent:
$
Total Rent:
$2,648
Rent Deposit:
$
Lease Ends:
2018
Lease Options:
Facilities:
800 ft2
Year Established:
2005
F/T Employees:
1
P/T Employees:
5
Contract Labor:
Support/Training:
2 weeks

Special Licence Required:
Other Assets:


Agent: Dustin Sigall c: (858)382-4974 e: dustin@fcbb.com