Coffee Shop With Client Base For Sale
Location:
United States
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California
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Southern California - Los Angeles Area
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Chatsworth
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
This Chatsworth coffee shop and deli, in a high traffic location with a built in client base, has been priced for an immediate sale. This facility is fully equipped with all of the requisite equipment, as well as a build-out that would cost several hundred thousand dollars to duplicate. The coffee shop and deli offers sandwiches, paninis, ice cream, smoothies, shaved ice drinks and an array of specialty coffees. Asking Price $35,000.
This 1,460 square foot facility leases for $4,936 per month including CAM. The lease is on a reduced rate until mid 2010, which could potentially be extended upon the sale. The lease is valid until 2013 with the landlord likely offering additional terms or options. The sale includes all of the facility’s furniture, fixtures and equipment, including the coolers, coffee equipment, computer system, 4-camera remote surveillance system and approximately $2,000 in inventory.
Competition is low as there are no other coffee shops in the area. This coffee shop and deli has a distinct advantage over its competitors due to its unmatched location.
The business has a great deal of growth potential. A new owner may increase advertising and offer specials to local businesses, implement delivery service (specifically during lunch), and promote the business via coupon mailers, vehicle flyers or door menus. A new owner could likely expand the menu offering to better capture the facility’s captive audience.
Financials
Asking Price Range: < $250K
Gross Revenues:
$199,238
Cash Flow:
Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Inventory: $27,000
Seller Financing: No
About The Business
Year Established: 1997
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 2 weeks at 20 hours / week.
Reason For Selling: Other business ventures.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 700113747
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