Free Standing Coffee And Snack Retail Location
Location California,United States
Asking Price Range < $250K
Gross Revenues $165000
Net Profit / Cash Flow $18000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2005
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training Seller will provide training for 1 week for 16 hours.
Reason for Sale To focus on other sites.
Description $644,000 Building and Land Improvements For Sale at Fire Sale Price of $130,000. Out of state Seller has spent $644,000 constructing the wonderful Coffee Shop Style Building and making land improvements such as a parking lot on this leased site. This Coffee and snack franchise location has projected seller discretionary cash flow, yet the business is not meeting projections with the absentee owner running the operation at a distance. Business has operated as a coffee franchise for the last three years. Now is the time for you to step in and convert the business to your own concept. Site would be great for a juice bar concept, snack concept, cookie concept, or similar new plan.
Building is 480 sq feet, and site has 18,966 sq feet. Building has a drive through window circle, and seven parking spots for customers that prefer walk in and sit down service. Current lease expires 5-26-2014, and the Fortune 500 landlord has granted three five year lease options. Site is on the largest and one of the busiest streets in the community, traffic count recently per seller was over 75,000 cars per day. Streets are loaded with high income drivers with lots of disposable income, waiting for you, the new owner, to offer them your products and service!
Seller will sell for $130,000, and with $90,000 down seller will carry a note of $40,000 for 60 months, 8%, $811.06 per month, subject to credit approval by seller. Landlord will also need to approve the credit of the buyer. Email or call Lonnie Langdon or Hazel Hofsess at (310) 539-8300 for more information on this Coffee And Snack franchise for sale.
Click Here To Contact Seller
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