5 Day N.County San Diego Espresso Bar In Medical Center

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Asking Price:
$149,000

Gross Revenue:
$280,000
Cash Flow:
$100,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

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

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Business Description

MOTIVATED SELLER! Reduced to $149K! Rare opportunity to buy 14 year established and profitable espresso bar in busy North County medical center. Custom build-out with over $50K worth of top of the line well-taken care of equipment. Local favorite with high scale menu serving specialty coffee/espresso, micro-sourced teas and a complete line of blended drinks featuring real fruit smoothies and frappes. Exquisite pastry selection, substantial sandwiches & salads all delivered daily.
Lease is full service (all utilities, trash, security, on-site maintenance)assumable based on 10% of gross sales. Example: Gross $25,000 per month, rent is $2,500. Terms are month-to-month. Lease has been in place for over 14 years by owners and over 25 years with property management.
This 5 day week location is run by the owner and 3 part-time employees. Could be managed by an absentee owner. You won't find a more accommodating situation in San Diego. Very well respected and stable relationship with long-time established customers and medical personnel in facility.

About the Business

Year Established:
2005
Number of Employees:
3 pt
Real Estate:
Leased
Building Sq. Ft.:
500
Rent:
$2,375.00 Per Month
Facilities:
500 sf café with indoor seating and spacious outdoor patio seating. Free WiFi. High traffic area, ample parking.
Reasonable, Full-service lease (utilities included) assumable. Reasonable terms, buyer MUST HAVE PREVIOUS BUSINESS EXPERIENCE to qualify for lease. Reply to sign NDA.
Market Outlook/
Competition:
Exclusive area. Only café in facility.
Growth & Expansion:
Unlimited growth potential. Catering, delivery, expand menu, hours and days, etc. Numerous possibilities.
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About the Sale

Reason For Selling:
Relocation
Training/Support:
As needed
Seller Financing:
Email to sign NDA prior to release of information to take next step.

Listing Info

ID:
1420091
Ad Detail Views:
4

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