Franchise Coffee Shop, Semi-absentee, Gross $360K, Net $111K, LA

Los Angeles, CA (Los Angeles County)

Franchise Coffee Shop, Semi-absentee, Gross $360K, Net $111K, LA
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Asking Price: Get Financing: $349,000

Cash Flow: $111,000

Gross Revenue: $360,000

EBITDA: $147,000

FF&E: N/A

Inventory: $5,000*

Lease Rate: $3.41 /SF/Month

Established: 2017

*not included in asking price.

Franchise Coffee Shop, Semi-absentee, Gross $360K, Net $111K, LA

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Business Description

Be your own boss for the franchsies coffee shop. TOM N TOMS is a global coffee franchise established and launched with Korea's rich coffee culture and taste, and committed to customer satisfaction as the rich flavor and aroma of fresh coffee. And be loved from all over the world now as high-quality coffee, fresh baked pretzels make warm and relaxed atmosphere with customers together.
Below is a quick business overview:
Gross trunover is $30,000/mo
Net profit is $9,250/mo after all expenses
Cost of goods averages 20% including suplies
Reasonale rent is $2,900 plus $865 for 3 Net and CAM, and $300 for a torage room
Lease remians 5 plus 5 years option
Store sizes are 850 sq. ft.
Lower cost of utilities: less than $350/.mo
Eight (8) part-times employeed and wages up to $6,000/mo plus $300 for W/C
Sales taxes paid out average $3,000 /mo
Franchise fee will be $20,000
Royalty is 2 %

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
850
Lease Expiration:
12/31/2027
Employees:
8
Financing:
None
Support & Training:
2 weeks on site training after closing an escrow
Franchise:
This business is an established franchise
Business Website:
http://www.tomntoms/mn.com
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(from currently available funds)
 
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Kevin Kim

Business Listed By:
Yong (Kevin) Kim

Bee Realty Group

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