5 Day-run Cafe: Low Rent, Gross $534K, Net Porfit $132K, only at 325K

Thousand Oaks, CA (Ventura County)

5 Day-run Cafe: Low Rent, Gross $534K, Net Porfit $132K, only at 325K
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Asking Price: Get Financing: $325,000

Cash Flow: $132,000

Gross Revenue: $534,000

EBITDA: N/A

FF&E: N/A

Inventory: $5,000*

Lease Rate: $3,250 /SF/Month

Established: 2015

*not included in asking price.

5 Day-run Cafe: Low Rent, Gross $534K, Net Porfit $132K, only at 325K

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Business Description

This coffee shop generates high sales volume and decentnet profit, although they open 5 days a week from Monday to Friday, and the time is very short from 7:00 am to 3:00 pm. Located in industrial park. Affordable and convenient rent than below the market. Modeate lease terms left-over. Here are the monthly business analytics:
• Gross turnover: $44,500/m on average
• Net profit: $11,000/m on average
• COG averages 30.8%
• Catering: $13,350/m on averag
• Current all-in rent is as low as $3,250, including 3 N/CAM
• Lease term remains 2+5
• Premise size is abt. 2000 sq. ft
• No of Employee are 2 FT and 3 PT
• Two owners work alternatively
• Wages including payroll taxes average $11,510/m
• Short open hours: Mon - Fri from 7 am to 3 pm. Closed on Sat and Sun
• Run for 3 years by the current owner
• Conveient parking in front and shopping mall
• Possible SBA loan w/30% down for qualified buyers

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
12/31/2025
Employees:
5
Facilities:
All are in good working condition. Reasonable rent below the market
Competition:
No
Growth & Expansion:
They do litle or no advertising. Increase marketting tools to increase sales using social media
Financing:
None
Support & Training:
2 weeks after closing an escrow
Reason for Selling:
Another business ventures
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(from currently available funds)
 
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Kevin Kim

Business Listed By:
Yong (Kevin) Kim

Bee Realty Group

Show Phone Number

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