Established Coffee Shop For Sale
Location California,United States
Asking Price Range < $250K
Gross Revenues $28800
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1977
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Description Established Coffee Shop (breakfast/lunch) For 40+ Years In Busy Shopping Center
RRC#: 1744
Asking Price: $79,000
Location: In Busy Shopping Center, San Mateo County, California
Yearly Revenue: $288,000
Yearly Cash Flow: Contact For Info
Monthly Rent: $3,472 all inclusive
LISTING DESCRIPTION:
This established coffee shop has been owned by the same owner in a busy shopping center for 40+ years. The buyer can keep the same name and menu and there is the potential to expand the hours of operation to include dinner. The owner only works part time so a full time owner operator could increase the sales and profits of the business. There is a large glass frontage, counter seating, a dining room with booth seating and tables and chairs and a display kitchen. Some of the equipment includes as follows: 7' type 1 hood with fire suppression system, 5' flat grill, 2 burners, double basket fryer, cash register, 2 full door freezer, slicer, ice machine, 2 full door refrigerator, utility sink + rinse hose, dishwasher, 3 door under counter refrigerator, 2 door under counter refrigerator + sandwich station and waffle maker, etc. There is also a restroom, prep area and storage area.
GENERAL INFORMATION:
Organization: Sole Proprietorship | Year Established: 40+ years | Current Owner: 40+ years | Seating: 50 approx | Square Footage: 1,365 | Parking: Parking lot | Licenses Required: Business | Days Open/Hours: 7 / Breakfast & Lunch | Reason For Sale: Other interests |
FINANCIAL INFORMATION:
Yearly Revenues: $288,000 |
LEASE INFORMATION:
Monthly Rent: $3,472 all inclusive | Lease Expiration: 8/31/20 | Yearly Adjustment: Fixed increases | Lease Option: Negotiable |
Click Here To Contact Seller
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