Café-Franchise: Rev $612K Net $120K Ask $629K, Fullerton

Buena Park, CA (Orange County)

Cafe & Sandwiches over K-town in Orange County

Asking Price:$629,000

Cash Flow:$120,000

Gross Revenue:$612,000

EBITDA:N/A

FF&E:N/A

Inventory:$5,000*

Rate/Sq. Ft.:$2.89

Established:2014

*not included in asking price.

Café-Franchise: Rev $612K Net $120K Ask $629K, Fullerton

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Business Description

Franchise business opportunity on a very nice and cute place to try during coffee adventure in this very stylish European vintage style and the environment featured with a verity choice of drinks and such eateries as cheesecake, tiramisu, waffles, shaved ice, bionics, snacks and ice cream, brick toast and even some sandwiches.
If highlighted are the best location in town, reasonable rent payment in comparison to that of others located on Beach Blvd over K-town, converting into concept restaurant and having a steady sales and income since opened. No transfer fee applied.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
3,100
Lease Expiration:
12/31/2024
Employees:
12 PT
Facilities:
Established popular Korean coffee chain outlining bright interior, well decorated, very cozy, spacious, well-lit and clean with plenty of outlets, and is situated on a cohesive center of gravity over K-town in Fullerton and Buena Park section of Orange County. The place is really big so plenty of seating- indoor and outdoor so definitely a good place to catch up with friends or come to study in this ambiance and with free Wi-Fi. The highlights of operation and financial prepared for on a basis of month shown as follows: (1) Latest gross sales income per month is $51,000 in October (2) Net operating income per month is $12,000 or up (3) Cost of goods sold is as reasonable as 25% or less (4) Rent payment per month is $8,950 including CAM charge (5) Current lease remaining 3 yrs and 5 year-option to expend (6) Store size is approx. 3,100 sqft plus patio approx. 1,000 sqft (7) Utility bill payment per month is approx. $1,700 + $600 for insurance (8) Pay roll including payroll tax per month is approx. $12,500 (9) Average sales tax per month is $3,500 (10) Short open hours are 9 am to 11 pm 7 days a week (11) Royalty is 4.7% of gross (12) Help run business operated by 12 employees, all part time (13) Ample parking in front, side and rear (14) This is a franchise (operating about 40 chains in Eastern areas and 4 in Los Angeles County) (15) No transfer fee charged (16) ABC licensed w/Type #41
Competition:
There are a couple of competitions in a mile radius, but not the same concept.
Growth & Expansion:
Serving signature breakfasts w/concept would be a great potential to improve sales and income
Support & Training:
Two weeks on-site full-time training to be conducted after close of escrow. No corporate office training required.
Reason for Selling:
Partnership issues
Franchise:
This business is an established franchise

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Kevin (Yong) Kim

Business Listed By:
Kevin (Yong) Kim

Bee Realty Group

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