Price: $729,000
Location: Los Angeles, CA
Industry: Coffee Shops and Cafes
Listing ID: 01985321JH
Listing Status: New
Listing ID - 01985321JH
This coffee, boba, smoothie, and dessert shop is conveniently situated in a bustling shopping center that houses a popular supermarket and many retailers.
It is centrally located in Koreatown, Los Angeles and occupies an area of 1900 square feet, which is well-appointed with improvements.
Established in 2003, the current owner has been successfully managing the business for six years.
The shop enjoys consistent customer traffic throughout the day, thanks to its prime location in the busy shopping center.
Down Payment: $729,000
Total Sales: $588,000
Cash Flow: $264,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $100,000
FFE Included: Yes
Inventory: $5,000
Inventory Included: No
Year Established: 2003
Days & Hours of Operation: 7 Days (10am to 8pm)
Owner Hours Per Week: Part Time
Non-Owner Payroll: N/A
Employees: 7
Absentee Owner: No
Lease Option: 5 Years Option
Real Estate: N/A
Monthly Rent: $9,000
Type of Location: Strip Mall
Square Footage: 1900
Franchise: No
Reason For Sale: Family