2 Location Coffee Business w/ Great Upside!

Monterey County, CA

2 Location Coffee Business w/ Great Upside!
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Asking Price: $249,000

Cash Flow: $62,615

Gross Revenue: $709,951

EBITDA: N/A

FF&E: $50,000

Inventory: $2,000

Rent: $5,629 /Month

Established: 1998

2 Location Coffee Business w/ Great Upside!

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Business Description

2 Highly desirable locations! This business will allow a buyer to immediately establish a strong presence in the thriving Monterey coffee market. Location 1) A well established coffee lounge with spacious dining, outdoor seating, stage for live music (live music permitted), and a beer/wine license. This 2,000+ sf space is professionally designed and perfect for events with great foot traffic. Location 2) Centrally located in up and coming Seaside neighborhood. Strong anchor tenants, large customer base, strong potential for a much needed neighborhood coffeehouse! This 1700sf space has a large prep-kitchen perfect for a deli or breakfast place! Don't miss this opportunity! For additional information, please contact Listing Agent Mark Flores at 760-809-1540 or email mark@fcbb.com.

Detailed Information

Location:
Monterey County, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,073
Lease Expiration:
N/A
Employees:
1FT, 7PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business has 2 locations. Hours of operation are Mon-Fri 7am-7pm (Seasonal) with 1FT and 7PT employees. $2,000 in Inventory and $50,000 in FF&E included in Asking Price.
Reason for Selling:
Downsizing
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(from currently available funds)
 
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Mark Flores

Business Listed By:
Mark Flores

First Choice Business Brokers San Diego

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Sponsoring Broker:
First Choice Business Brokers San Diego

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