Price: $285,000
Location: San Bernardino County, CA
Industry: Coffee Shops and Cafes
Listing ID: 01985374JH
Listing Status: Reduced Price
Listing ID - 01985374JH
For sale is Kung Fu Tea Franchise located in San Bernardino County, CA
Good Books - Busy - Monthly gross: $45,000
Help Run Business - Employees: 8 pt - Wage: $11,000 / Monthly Average
Store size: +-1,500sf. - Monthly rent: $6,255 - Lease terms: 12/20/2025 PLUS 3 YRS EXTENSION.
Open hours: 12 pm - 9 pm / FRI - SAT 12PM TO 10PM.
Owner since: 2015
Financing: all cash
Royalty is 5%.
Down Payment: $285,000
Total Sales: $540,000
Cash Flow: $84,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $50,000
FFE Included: Yes
Inventory: $5,000
Inventory Included: No
Year Established: 2015
Days & Hours of Operation: 7 Days (Sun - Thur: 12 pm to 9 pm) / (Fri - Sat: 12 pm to 10 pm)
Owner Hours Per Week: Help Run
Non-Owner Payroll: N/A
Employees: 8
Absentee Owner: Yes
Lease Option: 3 Years Extension
Real Estate: N/A
Monthly Rent: $6,255
Type of Location: Strip Center
Square Footage: 1500
Franchise: Yes
Reason For Sale: Family