November 22, 2009
 
 
Coffee & Sandwich Shop  •  $270,000

Location: Pasadena
Seller: James Kwon
Phone: 213-327-5400
 
 
About This Business
BizBen Ad #: 138101
Status: Available
Start Date: 10/23/09
Last Revised: 12/31/69
Location: Pasadena
County: Los Angeles
City: Pasadena
Contact Information
Seller or Contact: James Kwon
Primary Phone: 213-327-5400
Alternate Phone: Not Provided
Email: jameskwonrealtor@yahoo.com
 
 
Financial Information
Asking Price: $270,000
Down Payment: $270,000
Annual Cash Flow: $123,600
Annual Revenue: $540,000
Detailed Information
Franchise: No
Relocatable: No
Home Based: No
Real Estate Included: No
Broker To Broker Cooperation: No
 
 
Business Summary
Business Locate At Heart Of Pasadena.

Always Heavy Traffic Coffee & Sandwich Shop Run By All Family Members
Reason For Very Lowered Priced Because Of New Owner's More Wage Expenses
Concern Wise.

Currently Making Minimum 10,000 Net Income Per Month
After 5,500 Family Members And Employee Wages.
Over All Super Lower Priced To Sell At 270,000

9 Years One Owner
Gross Sales Minimum Of 45,000 Per Month After All Recession And Winter Season But
This Shop Used Make 55,000 To 58,000 Per Month
Plus Lotto, Cigarette Sales Extra Income Which Is Not Included In Gross Sales Volume

Size Approx 4,000 Square Feet Rent 10,000 Per Month Including Cam Charge
About 2.50 Per Square Feet Including Cam Charge
Lease Started 7 Years Plus 5 Years Since Years 2000 When Seller Started
Now 3.5 Years Remaining Lease Without Option Years
But Buyer May Negotiate With Landlord For 5 More Years Option As Pretty Much Possible
Existing 3.5 Years Lease No Annual Increase, Fixed Rent

Business Hours Monday Through Friday 7am-8pm, Saturday 8am-7pm, Sunday 9am-6pm
No Delivery, 99% Walk-In Customers.