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Coffee Bistro For Sale - Riverside, California
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Profile: Gorgeous Independent Coffee Bistro In Outstanding Location.
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Ad/Listing Information
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Contact Information |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$95,000 |
| Down Payment: |
$20,000 |
| Annual Revenue: |
$290,000 |
| Annual Adjusted Net: |
$30,000 |
| Price Range: |
$0 to $100,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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Financials
Asking: 95,000
Included In The Asking Price:
Furniture, Fixtures & Equipment: 250,000
Not Included In The Asking Price:
Inventory: 25,000
Gross: 290,000
Cash Flow: 29,000
Summary Description
Summary Description Independent Coffee Shop In A Great, A+ Location. This Is A Great Lifestyle Business For An Owner Operator. Ability To Offer Freshly Bake Goods On Site. They Also Provide A Venue For Many Events: Speed Dating (Once A Month) Live Music Twice A Week, Chess Club Once A Week, Children's Songs Friday Morning, Monthly Art Shows, Art Lessons, Open Mic. Current Owner Has Been In Business Only 7 Months. Partnership Did Not Work Out As Planned. Facilities Located In An Upscale Shopping Center With LA Fitness, Wells Fargo, Chilli's, And Several Restaurants. This Facility Was Formerly A Franchise Location For Its A Grind. Great Layout, Excellent Equipment, High-End And Cozy Decor. 2008 Projections/Costs Sales 290K/Annually Rent 5,600 Monthly Utilities 1,100 Monthly Labor 10,000 Monthly Food 12,000 Monthly Leases Lease Is Assignable. Opportunity The Build-Out On A Similar Operation Would Exceed 250,000. Operational Experience Would Make Success Inevitable. Great Opportunity For An Owner-Operator To Turn This Business Around. Listed Price Is 95,000
General Information
Year Established: 2005
Employees: 2
Facilities: Aaa Location In Mission Grove Area Of Riverside With Major Anchor Tenants.
Market Outlook
Competition: This Is The Only True Coffee Bistro In Mission Grove.
About The Sale
Financing: Seller Financing Negotiable And Available
Support/Training: Seller Training Provided
Reason Selling: Partnership Did Not Work Out.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Pablo Fonseca, Broker at 951-235-4078 or 951-571-3345 |
See All Our Other Businesses For Sale We Have Available
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| 2008-12-04 |
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