5 Day N.County San Diego Espresso Bar In Medical Center

San Diego, CA (San Diego County)

5 Day N.County San Diego Espresso Bar In Medical Center
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Asking Price: $199,000

Cash Flow: $100,000

Gross Revenue: $280,000

EBITDA: $100,000

FF&E: $50,000

Inventory: N/A

Rent: $2,375 /Month

Established: 2005

5 Day N.County San Diego Espresso Bar In Medical Center

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Business Description

Located in busy North County medical center with steady customer flow

MOTIVATED SELLER! Rare opportunity to buy 14 year established and profitable espresso bar in busy North County medical center. Custom build-out with over $50K worth of top of the line well-taken care of equipment. Local favorite with high scale menu serving specialty coffee/espresso, micro-sourced teas and a complete line of blended drinks featuring real fruit smoothies and frappes. Exquisite pastry selection, substantial sandwiches & salads all delivered daily.
Lease is full service (all utilities, trash, security, on-site maintenance)assumable based on 10% of gross sales. Example: Gross $25,000 per month, rent is $2,500. Length of term negotiable.
This 5 day week location is run by the owner and 2 part-time employees. Could be managed by an absentee owner. You won't find a more accommodating situation in San Diego.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
500
Lease Expiration:
N/A
Employees:
2 pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
500 sf café with indoor seating and spacious outdoor patio seating. Free WiFi. High traffic area, ample parking. Reasonable, Full-service lease (utilities included) assumable. Term negotiable, buyer MUST HAVE PREVIOUS BUSINESS EXPERIENCE to qualify for lease.
Competition:
Exclusive area. Only café in facility.
Growth & Expansion:
Unlimited growth potential. Catering, delivery, expand menu, hours and days, etc. Numerous possibilities.
Financing:
Email to sign NDA prior to release of information to take next step.
Support & Training:
As needed
Reason for Selling:
Relocation
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Business Listed By:
Not Disclosed

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