Popular Staff Run Dessert Shop

In Escrow

This established business is currently 100% staff run since the owners recently retired and moved out of state. Highly sought after location with incredible foot traffic and proximity to convention center and Petco park. Clean books and records with owner operator net income on 2016 tax return showing over $140,000. Sales have remained stable in 2017 since owners retired and trained staff are fully capable of handling day to day operations. Seller projects absentee net income between $90k and $100k in 2017 after paying all labor costs. Sale includes lucrative repeat corporate accounts as well as all kitchen equipment and fixtures with a replacement cost of over $200,000. Great ROI potential with a less than 2 year pay back for an owner operator. Price recently reduced to $250,000 for a quick sale.

Financial Information

Asking Price:
$250,000
Down Payment:
$
Gross Sales:
$347,656
Total Income:
$147,150
Equipment/Fixtures:
$220,000
Inventory:
$5,000
Location:
San Diego
Business Type:

Seller Carry Terms Offered:

Asset & Lease Information

Inventory Included:
$5,000
Leasehold Improvements:
$
Equipment/Fixtures:
$220,000
Base Rent:
$
Total Rent:
$4,834
Rent Deposit:
$
Lease Ends:
2/2021
Lease Options:
1/5 yr option
Facilities:
800 ft2
Year Established:
2003
F/T Employees:
4
P/T Employees:
2
Contract Labor:
Support/Training:
4 weeks

Special Licence Required:
Other Assets:


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