Absentee run profits > Was established two and a half years ago, and the current seller is under one year of operation > See below for more infromation; • Monthly average turnover is anywhere between $32,000 and $45,000 • Net income is $5,000 per month on average • All in rent is $5,100, including NNN • Size of approx." /> Absentee run profits > Was established two and a half years ago, and the current seller is under one year of operation > See below for more infromation; • Monthly average turnover is anywhere between $32,000 and $45,000 • Net income is $5,000 per month on average • All in rent is $5,100, including NNN • Size of approx." />

It's bobatime; Absentee, Rev $420K, Net $60K, Asking $380K, OC

Orange County, CA

It's bobatime; Absentee, Rev $420K, Net $60K, Asking $380K, OC
Contact Seller

Asking Price: $380,000

Cash Flow: $60,000

Gross Revenue: $420,000

EBITDA: N/A

FF&E: N/A

Inventory: $10,000*

Rent: $5,100 /Month

Established: 2017

*not included in asking price.

It's bobatime; Absentee, Rev $420K, Net $60K, Asking $380K, OC

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Business Description

> With a monthly turnover of between $32,000-$45,000, "bobatime" is at the threshold of a bustling shopping center in densely populated areas and is well exposed, making it one of the hot spots that neighbors are constantly visiting
> Absentee run profits
> Was established two and a half years ago, and the current seller is under one year of operation
> See below for more infromation;
• Monthly average turnover is anywhere between $32,000 and $45,000
• Net income is $5,000 per month on average
• All in rent is $5,100, including NNN
• Size of approx.1,240 sq. ft
• 3.5 years remaining on the current lease with 5 years option
• 10-11 part-time employees. the seller not working.
• The average wage is about $12,500 per month, including the payroll tax
• Utilities and other mics. expenses are not more than $3,500 a month
• Business hours from 9:30 pm to 11:00 pm, 7 days
• Due to the business nature, products sold here are not subject to sales tax, so all sales are converted directly into net sales
• Ample parking spaces in front and at the shopping center
• Financial records are available only to those who have proven the funds and committed
• For more information, contact Kevin Kim at beerealty.kim@gmail.com
• Please sign online NDA attached for a quick inquiry

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,240
Lease Expiration:
7/31/2027
Employees:
11
Facilities:
Small Hoods, Grill, Walk-in cooler
Competition:
Yes
Financing:
None
Support & Training:
Two weeks trained by on-site manager and 8 hours by owner after closing escrow
Reason for Selling:
No longer interest
Franchise:
This business is an established franchise
Contact Seller

Contact the Seller

(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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