Restaurant / Cafe Franchise
Location California,United States
Asking Price Range < $250K
Gross Revenues $456000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Description A franchise restaurant / cafe. 7% royalty fee including advertisement. Clean books and records. 1,600 square feet. Seats 60 people inside and 32 outside and 10 bar sittings. Prime location surrounded by commercial business buildings. Open for breakfast and lunch. Franchise transfer fee is $10,000. Great business that is consistently busy. No hood. Convection oven, walk-in cooler and espresso bar and p.O.S system. Rent is 5916 a month including nnn, water and pg & e and daily cleaning. Abc (beer and wine). Net income is 7 to 8k a month. Owner is selling because of health reasons. 2 1/2 years left from the lease. Option is negotiable. Buyers need to be approved by franchisor. Restaurant experience is needed. Franchisor will allow the franchisee to change the menu to some extent. Asking $225k. Contact for more information on this Restaurant / Cafe franchise for sale.
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