Upscale Coastal Coffee House
Category: Coffee House
|Total Adjusted Net Income||$47,392.00|
|General Location||North County San Diego|
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.
|Gross Revenue||$424,712.00||Listed Price||$199,000.00|
|Total Income||$47,392.00||Down Payment||$199,000.00|
|Base Rent||$4,100.00||Square Feet||1,667 ft2|
|Total Rent||$4,845.00||Lease Description|
|Rent Deposit||$5,000.00||Lease Options||1, 5 yr option|
|Equipment/Fixtures||$200,000.00||Other Assets||8 Refrigerators, Ice Maker|
|Full-Time Employees||6||Training Period||2 Weeks|
|Part-Time Employees||0||Special License Required|
|Contract Staff||0||Reason for Selling|
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.