Business Details

Family Restaurant / Coffee Shop

Location : Riverside County

Type of Business : Family Restaurant / Coffee Shop

Asking Price : $350000 Plus Inventory, Approximately $5,000
Inventory : $10,000

Summary of Business

Located in beautiful small community in North San Diego County. Long lease with low rent. High volume sales have been consistent for many years. Good net profit. Freestanding building with lots of parking and a large patio. Very busy Coffee Shop for many years. Serves Breakfast, Lunch and Dinner. The building, roof, plumbing, new parking lot and equipment are in great shape most replace in last few years.  Long time Seller is recovering from cancer and now wishes to retire.

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Other Details

No Data Available.

Income

Gross Yearly Sales: $$ 75,000 per month Currently (Pre-Covid sales were $90,000 per month +)
Adjusted Yearly Net Profit: $$ 8-10 per month Currently (*Pre-Covid net was a solid $12,000 per month)

Rent

Total Rent: $$ 4,568 per month
NNN: $$ 325 per month for property tax
Length of Lease: 6/30/2030
Options: 0
Sq. Ft: 2700 sq. ft.
Occupancy: 60 seats inside and 50 seats on patio

Employees

Number of Employees: N/A
Full time: 6
Part time: 12
Hours of Operation: Mon – Sat 7AM – 9PM / Sun. 7AM – 8PM Hours Worked by Owner: N/A Payroll: $ $ 28,000 includes payroll tax

Expenses

Insurance: $ $9,000 per year
Gas: $ $ 3,500 mo.
Electric: $ included in gas
Water: $ $ 900
Phone: $ $ 200
Trash: $ $ 220
Internet and TV: included above
Cost of Goods: $ N/A
Any other expenses: $ N/A

Additional Details


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