Posting Details

Coffee Shop - High Income For Sale - San Jose, Santa Clara County

South Valley Coffee Shop Very Profitable.

This is a long time coffee shop in business at this location for plus 16 years. The current owner purchased it last year and has decided it doesn't fit her life style and would like to sell the business. It has been maintained to the fullest extent and sparkles like a new business. This business is in a well situated retail location and fronts a major street in the city with great exposure. It has become a favorite coffee spot for local residents. The seller will carry a note @ 75% of the purchase price payable interest only @ 4% per month until the lease expires on 1/31/2022 and at that time if the buyer cannot get a new lease the seller will forgive the principal of the note. The buyer will return the business to the seller in the same condition as when it was purchased if the buyer's note is forgiven. Contact listing broker for details.

Purchase Price: $250,000
Sales: $638,799 Cash Flow: $88,297 For 12 months as of Mar 2018
from seller provided P&L
Rent: $3,797 NNN $793 Lease Exp 1/31/2022 Bldg Size (Sq. Ft.) 1,800
Annual Increases Per Lease 3% Option Yrs 0
Employees FT: 1, PT: 13 Owners FT: 1, PT: 0
Reason For Sale Other Business Interests
Hours: Mon-Fri 5:30 AM-5:30 PM Sat 6:00 AM -5:30 PM Sun 7:00-5:00 PM
The listing # 244971 Coffee Shop - High Income - San Jose, Santa Clara County below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Coffee Shop - High Income in San Jose, Santa Clara County please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

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