Specialty Coffee Shop with Beer/Entertainment
Salinas

Incredible opportunity for a prospective buyer who wants to walk into a successful, profitable and growing venture in the heart of downtown and own a turn key & popular business with an established foundation. Great for business leaders who want to contribute to the community by providing quality products, unparalleled experience & great environment for customers. 

Listing Number:

23718

Category:

Food - Coffee,Leisure/Entertainment

Location:

Salinas
$998,000

Financial Information:

Gross Revenue:

$848,660

Listed Price:

$998,000

Down Payment:

$0

Total Income:

$530,419

Year Established:

2017

Lease Information:

Square Feet:

1900

Total Rent:

$3,450

Lease Expiration:

12/2025

Lease Options:

3 years

Asset Information:

Leasehold Improvements:

$40,000

Equipment / Fixtures:

$0

Inventory:

$5,000

Other Assets:

Refrigeration units, espresso machine, coffee grinder, live music equipment, tables and chairs, beer tap.

Additional Information:

Full-Time Employees:

0

Part-Time Employees:

10

Special License Required:

Liquor License - ABC 40

Contract Labor:

1

Training Period:

3 weeks, 20 hrs a week

Reason for Selling:

Changing direction of business goals.

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Kristiann Wightman
Office: | Cell: (831) 264-7329
License #: 01181953

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Specialty Coffee Shop with Beer/Entertainment
Salinas

Listing Number:

23718

Category:

Food - Coffee,Leisure/Entertainment

Location:

Salinas

Listed Price:

$998,000
brokerPhoto
Kristiann Wightman
Office: | Cell: (831) 264-7329
License #: 01181953
Incredible opportunity for a prospective buyer who wants to walk into a successful, profitable and growing venture in the heart of downtown and own a turn key & popular business with an established foundation. Great for business leaders who want to contribute to the community by providing quality products, unparalleled experience & great environment for customers. 

Financial Information

Gross Revenue:

$848,660

Listed Price:

$998,000

Down Payment:

$0

Total Income:

$530,419

Year Established:

2017

Lease Information

Square Feet:

1900

Total Rent:

$3,450

Lease Expiration:

12/2025

Lease Options:

3 years

Asset Information

Leasehold Improvements:

$40,000

Equipment / Fixtures:

$0

Inventory:

$5,000

Other Assets:

Refrigeration units, espresso machine, coffee grinder, live music equipment, tables and chairs, beer tap.

Additional Information

Full-Time Employees:

0

Part-Time Employees:

10

Special License Required:

Liquor License - ABC 40

Contract Staff:

1

Training Period:

3 weeks, 20 hrs a week

Reason for Selling:

Changing direction of business goals.

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.

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