Downtown South OC Cafe - Long lease

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Asking Price:
$39,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

This is an ASSET SALE situation. In order to expedite the sale, the business is being sold for market value of the assets and NOT as a “going concern”. The assets may include all furniture, equipment, leasehold interest, non-compete, goodwill, and some inventory. Therefore, NO FINANCIALS WILL BE PROVIDED TO BUYER FOR ANALYSIS OF REVENUES OR PROFITS. The business is currently fully operational.

Full renovation was completed by this current owner including plumbing, replacing the unit’s entire electrical panel and retrofitting the wiring all the way from the main breaker into the unit. 5-10K in cosmetic improvements as well. Situated in an affluent community with ample foot traffic.,Total monthly rent: $7,466,(5) Two year options once lease expires in 2019,3% increase every two years

About the Business

Number of Employees:
6
Real Estate:
Leased
Building Sq. Ft.:
1,611
Lease Rate/Sq. Ft./Mo.:
$7,466.00
Lease Expiration:
12/1/2019
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About the Sale

Reason For Selling:
Un-able to focus on operations. Also has other locations.
Training/Support:
Will train for up to 3 months.

Listing Info

ID:
1510387
Ad Detail Views:
1453

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Business Listed by

Michael Gratteri

BuyARestaurantBiz
License# 01899435

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