Asking Price: $149,000 Gross Revenue: $280,000Cash Flow: $100,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: $50,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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
Number of Employees:
Building Sq. Ft.:
$2,375.00 Per Month
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.
Exclusive area. Only café in facility.
Growth & Expansion:
Unlimited growth potential. Catering, delivery, expand menu, hours and days, etc. Numerous possibilities.
5 Day N.County San Diego Espresso Bar In Medical Center
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