2 Location Coffee Business w/ Great Upside!

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Asking Price:
$249,000

Gross Revenue:
$709,951
Cash Flow:
$62,615
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,000
included in asking price

FF&E:
$50,000
included in asking price

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Business Description

2 Highly desirable locations! This business will allow a buyer to immediately establish a strong presence in the thriving Monterey coffee market. Location 1) A well established coffee lounge with spacious dining, outdoor seating, stage for live music (live music permitted), and a beer/wine license. This 2,000+ sf space is professionally designed and perfect for events with great foot traffic. Location 2) Centrally located in up and coming Seaside neighborhood. Strong anchor tenants, large customer base, strong potential for a much needed neighborhood coffeehouse! This 1700sf space has a large prep-kitchen perfect for a deli or breakfast place! Don't miss this opportunity! For additional information, please contact Listing Agent Mark Flores at 760-809-1540 or email mark@fcbb.com.

About the Business

Location:
Monterey County, California
Year Established:
1998
Number of Employees:
1FT, 7PT
Real Estate:
Leased
Building Sq. Ft.:
2,073
Rent:
$5,629.00 Per Month
Facilities:
This business has 2 locations. Hours of operation are Mon-Fri 7am-7pm (Seasonal) with 1FT and 7PT employees. $2,000 in Inventory and $50,000 in FF&E included in Asking Price.
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About the Sale

Reason For Selling:
Downsizing

Listing Info

ID:
1657910
Ad Detail Views:
180

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$
months
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Business Listed by

First Choice Business Brokers San Diego

First Choice Business Brokers San Diego
License# 01525675

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