Current Status: Off The Market
Posting #: 180097
CONTACT IS A
Intermediary
BUSINESS LOCATION
Dana Point
AREA(S) AVAILABLE
Orange County
COUNTIES AVAILABLE
Orange
ADDRESS / CITY / ZIP
Dana Point
COFFEE HOUSE, ESPRESSO BAR, DRIVE THRU IN DANA POINT FOR SALE DETAILS
1. Name Of Business: J.C. Beans Coffee House And Espresso Bar.
2. Location: 34114 Pacific Coast Highway, Dana Point, California 92629.
3. Return On Investment: The Business Has A 33.7% Return And The Real Estate Has A 4. 6.3 Return (Cap Rate).
4. Business Services: The Business Provides For It's Customers A Variety Of Hot And Cold Coffee, Tea Beverages, Salads, Sandwiches, Deserts, Bulk Coffee Bean Sales And Gift Items. These Items Are Also Available At The Drive Through Window. The Business Sells Used Books With All Proceeds Going To The Friends Of The Dana Point Library. The Business Also Has Unlimited Wifi.
5. Fixtures And Equipment: The Business Is Complete With Tables And Chairs, A Wood Burning Stove, Bakery Display Case, Granite Or Marble Counter Tops, Tv, Dvd Player, Large Wood Retail Display Case With Glass Doors On Dining Room Wall Displaying Logo Gifts, T-Shirts And Mugs. Bookcases With Used Books That Are Sold To Benefit Friends Of The Dana Point Library., Coin Counter, Safe, Desk, 2 Credit Card Terminals, Time Clock, Ice Machine, Ice Bin, 3 Microwave Ovens, Rolling Bakery Rack, Proofing Oven, Convection Oven, 2 Door Freezer, 2 Door Refrigerator, 4 Under Counter Refrigerators, 3 Vita Mix Blenders, 18 Bulk Bean Dispensers, 24 Air Pots, Coffee Grinders And Brewers, Espresso Grinders, Espresso Machines, And Other Items Necessary For The Coffee/Deli Business.
6. Real Property: 1,578 Square Feet Of Free Standing Building Located On A 6,000 Square Foot Lot With 50 Feet Of Frontage On Pacific Coast Highway. Dana Point Ca. Ap #68224121.
7. Financial Information: Three Years Of Tax Returns With Profit And Loss Available For The Business To New Buyer Upon Acceptable Terms. The Current Business Operating Adjusted Net Income Is $158,664.00 Adjusting the cost of good sold. Plus Real Estate Lease Adjusted Net Income Of 60,000.00 For A Total Of 218,664.00.
8. Purchase Price: The Purchase Price For The Business Is 470,000.00 Cash Plus The Purchase Price For The Real Estate At 950,000.00 Cash Totaling 1,420,000.00 All Cash.
9. Financing: We Have Spoken To A Number Of Banks And We Have Received Preliminary Financing Quotes For The Business And Real Estate Subject To The Bank's Approval Of Buyer. Estimated Terms Are 25% To 30% Down With The Balance Possibly Amortized Over 25 Years.
10. Contingency: The Business And Real Estate Must Close Concurrently. The Business Can Be Sold Separately But We Prefer Both To Be Sold To The Same Party. We Are Able To Get The Above Financing Quote Subject To The Real Estate Being Included With The Business Sale.
11. Other Amenities: The Business Is In Walking Distance To The Beach And Dana Point Harbor. The Business Has The Last Approve Drive Through By The City Of Dana Point. The Business Has A Coffee House Pop Art Theme. There Are Seven On Site Parking Spaces With A Double Line Drive Through With Waiting Area. There Is Ample Parking Off Street In The Area.
12. Business Ratings: You Can Find The Business Rating On Yelp: Http://www.yelp.com/biz/jc-Beans-Coffee-House-Dana-Point And There Is A Lot Of Positive Buzz On The Internet About Jc Beans Coffee House. The Business Has Been In The Same Location And Operated By The Same Owner For Over Eighteen Years.
13. Reason for selling: The business was owned by two partners, one partner passed away and the other would like to retire.
This Business For Sale Can Be Viewed On The Following BizBen Pages Below
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