Chocolate And Coffee
Location California,United States
Asking Price Range < $250K
Gross Revenues $120000
Net Profit / Cash Flow $54000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2002
Number of Employees 1 - 3
Inventory 44000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks at 20 hours per week following close of escrow.
Reason for Sale Moving.
Description With $4,500 in net income per month, this quaint European style store features very special chocolates imported from Belgium. These are the kind of chocolates that customers drive long distances to buy, and once you taste them, youu?ll know why. These same chocolates are enjoyed by the Belgium Royal Court and are exclusively available in this store only. Located in a prime Santa Monica area with steady foot traffic year round to compliment its loyal customer base, the store also features Gelato in many delicious flavors, a local favorite, as well as imported coffees and espresso. Also, there is floor and shelf space to add other products and can expand to next door unit if more square footage needed. No promotion is currently being done. Very good lease terms for that area. With $120,000 in gross annual income, $54,000 in net annual income, $40,000 worth of fixtures and equipment and $4,000 worth of inventory, all are included in one price of $120,000. Email or contact Tony Kogak, Wise Business Advisors, at (818) 933-5222 ext 106.
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