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Coffee Bistro For Sale - Riverside, California, CA |
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| PROFILE: Gorgeous Independent Coffee Bistro In Outstanding Location |
| Status: |
Available |
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| State: |
California |
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| Location: |
Riverside |
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| County: |
Riverside |
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| City: |
Riverside |
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| Primary Category: |
Restaurant Related |
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| Alternate Category: |
None Given |
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| USABizMart Ad #: |
131514 |
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| Seller Or Contact: |
Phillip Saucedo |
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| Primary Phone: |
951-235-4078 |
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| Alternate Phone: |
None Given |
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| Email Address: |
See Form Below |
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| Date Ad Started: |
9/4/08 |
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| Date Ad Last Revised: |
9/4/08 |
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| Asking Price: |
$95,000 |
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| Down Payment: |
$20,000 |
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| Annual Revenue: |
$290,000 |
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| Annual Adjusted Net: |
$29,000 |
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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: |
Yes |
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DESCRIPTION: Financials
Asking: $95,000
Included In The Asking Price:
Furniture, Fixtures & Equipment: $250,000
Not Included In The Asking Price:
Inventory: $25,000
Gross: $290,000
Cash Flow: $29,000
Summary Description
Summary Description Independent Coffee Shop In A Great, A+ Location. This Is A Great Lifestyle Business For An Owner Operator. Ability To Offer Freshly Bake Goods On Site. They Also Provide A Venue For Many Events: Speed Dating (Once A Month) Live Music Twice A Week, Chess Club Once A Week, Children's Songs Friday Morning, Monthly Art Shows, Art Lessons, Open Mic. Current Owner Has Been In Business Only 7 Months. Partnership Did Not Work Out As Planned. Facilities Located In An Upscale Shopping Center With LA Fitness, Wells Fargo, Chilli's, And Several Restaurants. This Facility Was Formerly A Franchise Location For Its A Grind. Great Layout, Excellent Equipment, High-End And Cozy Decor. 2008 Projections/Costs Sales $290K/Annually Rent $5,600 Monthly Utilities 1,100 Monthly Labor 10,000 Monthly Food 12,000 Monthly Leases Lease Is Assignable. Opportunity The Build-Out On A Similar Operation Would Exceed $250,000. Operational Experience Would Make Success Inevitable. Great Opportunity For An Owner-Operator To Turn This Business Around. Listed Price Is $95,000
General Information
Year Established: 2005
Employees: 2
Facilities: Aaa Location In Mission Grove Area Of Riverside With Major Anchor Tenants.
Market Outlook
Competition: This Is The Only True Coffee Bistro In Mission Grove.
About The Sale
Financing: Seller Financing Negotiable And Available
Support/Training: Seller Training Provided
Reason Selling: Partnership Did Not Work Out
Contact Information
Pablo Fonseca
Spectrum Business Advisors
Phone: 951.235.4078 |
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