Upscale Coastal Coffee House

Sold

This is one of the rare businesses that you have to see to truly appreciate. Seller is a real estate developer and built out this amazing coffee shop 6 years ago just blocks from the ocean in desirable north county San Diego. Seller now needs to relocate to care for her aging mother. Sales have consistently been hovering around $500k and according to the seller could be dramatically increased with longer hours and a more active owner operator. Business is profitable under the current absentee structure making the owner $47,392 in 2015. Employee wages were over $121k last year and could be dramatically lowered for a hands on owner making the business much more profitable. Every piece of equipment is top of the line and included in the sale. Seller personally invested over $400k into the build-out. At $199,000 this business will sell very quickly. Call immediately to schedule a confidential site visit and to see historical financials.

Financial Information

Asking Price:
$199,000.00
Down Payment:
$199,000.00
Gross Sales:
$424,712.00
Total Income:
$47,392.00
Equipment/Fixtures:
$200,000.00
Inventory:
$5,000.00
Location:
North County San Diego
Business Type:
Coffee House

Seller Carry Terms Offered:

Asset & Lease Information

Inventory Included:
$5,000.00
Leasehold Improvements:
$200,000.00
Equipment/Fixtures:
$200,000.00
Base Rent:
$4,100.00
Total Rent:
$4,845.00
Rent Deposit:
$5,000.00
Lease Ends:
11/2017
Lease Options:
1, 5 yr option
Facilities:
1,667 ft2
Year Established:
2010
F/T Employees:
6
P/T Employees:
0
Contract Labor:
0
Support/Training:
2 Weeks

Special Licence Required:
Other Assets:
8 Refrigerators, Ice Maker


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