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Cafe, Coffee, Deli For Sale - Hemet, California, CA - Riverside County |
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| PROFILE: Cafe - Coffee House - Award Winning, Established And Popular Gathering Spot. |
| Status: |
Off The Market |
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| State: |
California |
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| Location: |
Riverside Co. |
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| County: |
Riverside |
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| City: |
Hemet |
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| Primary Category: |
Restaurant Related |
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| Alternate Category: |
None Given |
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| Asking Price: |
$149,000 |
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| Down Payment: |
Call/Email |
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| Annual Revenue: |
$283,000 |
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| Annual Adjusted Net: |
$70,000 |
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| Price Range: |
$100,001-$250,000 |
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| Franchise: |
No |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Lifestyle: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Cooperation: |
Call |
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DESCRIPTION: Five-Year-Old Well-Established, Neighborhood Coffeehouse Is Ideally Located Near A Major Medical Center With Thousands Of Employees, Outpatients And Visitors. They Were Voted The #1 Coffeehouse Three Years In A Row And Have Received Recognition And Coverage From The Local Papers As Well As Chamber Of Commerce. The Current Owner Is Ringing Up An Average Of $24,000.00 Per Month In Sales. Take Home $60K-$80K Per Year, Adjusted For Single Owner Operator Working Only Five Days Per Week. Within Close Walking Distance To The Hospital And Medical Plazas; Which Makes It An Ideal Coffee And Lunch Location For The Many Hospital Staff. Patrons Include All Ages: City Council, Hospital Staff, College And High School Students, Law Enforcement, And The Large Local Retirement Community. Take Advantage Of Their A+ Reputation And Loyal Customer Base And Implement New Items, Such As Ice Cream And Frozen Yogurt. This Has Great Potential To Increase Revenue As No Other Cafe Or Ice Cream Shop In Town Has The Seating Space Or The Ambiance Of This Well-Known And Friendly Establishment. Low Overhead: The Coffeehouse Is Approximately 1,300 Square Feet With Plenty Of Storage And Parking. The Rent Is Only $1,700 Per Month With Nearly 5 Years Left On The Lease Plus An Option To Renew For Additional Years. The Coffeehouse Is Open 6 Days, Closed Sunday. This Coffeehouse Serves Breakfast And Lunch Only (The Vast Majority Of Sales Is Lunch Business). This Is A Very Clean And Easy To Run Operation With A Fantastic Lay Out And Pleasant Work Environment. The Current Owner Is Starting A New Business Elsewhere And Is Looking For Quick Sale. For More Information, Please Call: 323-836-4726. Charles Kim, VR Business Brokers.
General Information
Facilities: 1,300 Square Feet. $1,700/Month Signed New Five Year Lease In 2.2008. With Options To Renew. Plenty Of Parking And Visibility From Street. Located Ideally Next To A Major Hospital And Medical Plazas.All Walking Distance.
Competition: Locally Recognized And Received Top Coffeehouse Awards For Three Years. Friendly Neighborhood Coffeehouse, Loyal Following, With Unique Items And Desserts Not Found At A Typical Franchise Coffee Store.
Growth And Expansion: Has The Potential To Open Increased Hours If New Owner Desires To Attract The Dinner Crowd. Add On Ice Cream And Frozen Yogurt As The Space And Displays Are Already In Place Before The Hot Inland Empire Summer Arrives.
Support/Training: Tbd
Reason Selling: Seller Wishes To Focus Time On Family And Other Interests.
Year Established: 2003
Employees: 8 |
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