Water Store with Snacks, Ice Cream, Coffee and more
Long Beach, California (Los Angeles County)
Food and Beverage - Restaurants  |  Food and Beverage - Vending Machines
Asking Price:   $59,000Inventory:   $2,000 **
Gross Revenue:   $78,000Real Estate:   n/a
Cash Flow:   $25,000FF&E:   $60,000 ++
++ included in the asking price         ** not included in the asking price
This is a newly established business (a little over a year old) that needs to be taken to the next level! It is a beautiful store that is not taking advantage of all the space available. They currently sell, in addition to the water, snacks and Ice Cream. Currently seats 15 but could add more seating Open from 7:30 Am to 7:00 PM. Water Sales are the majority of the gross sales and there are two outdoor dispensers for 24 hours sales. New owner could add a real menu of sandwiches, soft drinks, and there is room to add a grill / hood combination with a food prep area. A little marketing effort could also increase sales and profit. This is an opportunity with a lot of Potential!!!
About the Business
Year Established:2008
Employees:0 full time - 0 part time
Facilities:The Business is located in a Strip Center off a major street in Long Beach. Space is 1,446 Sq. Ft. Rent: $1,080 + cam (370) Lease: 9 years remaining on lease + 10 yr. option - less than going rate!
Market Outlook and Competition:Behind the center are hundreds of apartment buildings. Adding a menu of inexpensive food items would greatly help the gross sales and net profit. The center has good foot traffic because of the area and the other stores in the center. Business has an ATM machine that brings in about $150/month. Adding things like Lotto and maybe Check Cashing might be a winner also!
About the Sale
Management Training and Support:Owner will train for 2 weeks
Reason For Selling:Seller wants to spend more time with Family

KEYWORDS: water, cafe, ice cream, snacks, coffee, restaurant, snack shop,


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Business Listed By
Jim Janssen  |  BIR Business Brokers
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