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2 Location Coffee Business w/ Great Upside!

Coastal Monterey County, California

Asking Price: Gross: Cash Flow:
$249,000 $709,951 $62,615

Furniture and Fixtures Value:
$50,000 (included in the asking price)

Inventory Value:
$2,000 (included in the asking price)

Business Summary:
2 Highly desirable locations! This business will allow a buyer to immediately establish a strong presence in the thriving Monterey coffee market. Location 1) A well established coffee lounge with spacious dining, outdoor seating, stage for live music (live music permitted), and a beer/wine license. This 2,000+ sf space is professionally designed and perfect for events with great foot traffic. Location 2) Centrally located in up and coming Seaside neighborhood. Strong anchor tenants, large customer base, strong potential for a much needed neighborhood coffeehouse! This 1700sf space has a large prep-kitchen perfect for a deli or breakfast place! Don't miss this opportunity! For additional information, please contact Listing Agent Mark Flores at 760-809-1540 or email [email protected].

 
   
   
Year Business was Established: 1998
   
Number of Employees: 1FT, 7PT  
   
Facilities / Terms of Lease: This business has 2 locations. Hours of operation are Mon-Fri 7am-7pm (Seasonal) with 1FT and 7PT employees. $2,000 in Inventory and $50,000 in FF&E included in Asking Price.  
   
Reason for selling: Downsizing  
 

 

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