5 Day-run Cafe: Low Rent, Gross $534K, Net Porfit $132K, only at 325K

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Business Description

This coffee shop generates high sales volume and decentnet profit, although they open 5 days a week from Monday to Friday, and the time is very short from 7:00 am to 3:00 pm. Located in industrial park. Affordable and convenient rent than below the market. Modeate lease terms left-over. Here are the monthly business analytics:
• Gross turnover: $44,500/m on average
• Net profit: $11,000/m on average
• COG averages 30.8%
• Catering: $13,350/m on averag
• Current all-in rent is as low as $3,250, including 3 N/CAM
• Lease term remains 2+5
• Premise size is abt. 2000 sq. ft
• No of Employee are 2 FT and 3 PT
• Two owners work alternatively
• Wages including payroll taxes average $11,510/m
• Short open hours: Mon - Fri from 7 am to 3 pm. Closed on Sat and Sun
• Run for 3 years by the current owner
• Conveient parking in front and shopping mall
• Possible SBA loan w/30% down for qualified buyers

About the Business

Year Established:
2015
Number of Employees:
5
Real Estate:
Leased
Building Sq. Ft.:
2,000
Lease Rate/Sq. Ft./Mo.:
$3,250.00
Lease Expiration:
12/31/2025
Facilities:
All are in good working condition. Reasonable rent below the market
Market Outlook/
Competition:
No
Growth & Expansion:
They do litle or no advertising. Increase marketting tools to increase sales using social media
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About the Sale

Reason For Selling:
Another business ventures
Training/Support:
2 weeks after closing an escrow
Seller Financing:
None

Listing Info

ID:
1550292
Ad Detail Views:
117
Asking Price:
$325,000

Gross Revenue:
$534,000
Cash Flow:
$132,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Listed by

Kevin Kim

Bee Realty Group
License# 01195918

 Show Phone Number

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U.S. Census Data for Ventura County, CA
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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