Business Details

Café with Gift Shop in High Rise Building

Location : Los Angeles

Type of Business : Cafe - Store - Gifts

Asking Price: $110,000
Inventory: $7,500

Gross Sales: $150,000

Summary of Business

Beautiful 25 Story Building with Ground Floor access to this business. Unlimited parking in a beautiful area of Long Beach, right across from the ocean. This would be a great business for a family or retired couple 5 days a week, 8:00 am to 4:00 pm.

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Other Details

Reason for Sale: Seller is going into Restaurant Business

Income

Gross Yearly Sales: $150,000
Adjusted Yearly Net Profit: $42,000

Rent

Total Rent: $2,359
Options: 0
Sq. Ft: 500

Employees

Number of Employees: 1
Part time: 1
Hours of Operation: 8:00am to 4:00pm Payroll: $1,000

Expenses

Insurance: $300 per year
Electric: $95,000
Phone: $50
Internet and TV: $70

Additional Details

Year Established: 2010


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