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#3843
Modesto Businesses for Sale

Franchise Coffee & Tea Shop for Sale in Modesto CA

$150,000
Sold
Franchise Coffee & Tea Shop for Sale in Modesto CA
This Listing is Sold

Business Description:

* This is the professional franchise coffee shop for sale in Modesto CA - Stanislaus County.

* This coffee shop for sale is located inside one of the biggest area's mall. The coffee shop gets advantage of the thousands of customer traffic of the mall.

* This coffee shop provides quiet envirnoment for the customer with free Wi-Fi access so the customer can feel like home and taste the finest coffee in the town.

* The franchise company of this coffee shop provide basic supplies for coffee and packaging items. 

* This coffee shop sells speacialize coffee and tea flavours, raw coffee packets, and other custom drinks.

* Annual gross sale of this coffee shop is about $459,000 approx. estimated.

* The gross profit is approx. about 30% of the gross sale which is competitive sompare to other shops.

* Reason for Sale: Owner has commute problems becasue of kids.

* The owner works about 15 hours per week on the business. So a owner operator can make much improvements in the business in increase the revenue and profits. 

* Base Rent is about $5600 approx. per month plus NNN and security charges are about $3600 per month approx.

* Lease: Buyer can get the lease as required acceptable to landlord. 

* Owner may finance some balance of purchase price depending on the offer price for qualified buyer.

* BUYER MUST HAVE GOOD CREDIT AND ASSETS TO GET APRPOVED FOR THE FRANCHISE AND LEASE AGREEMENT.

This is a Western Singh Business Brokers listing.
Business & Real Estate Associate Nirvail Singh DRE License #01853125

Lease

Region:
Modesto Businesses for Sale
Lease Term:
3 1/2 years + option
Total Monthly Rent:
$9,200

Financials

Last Year's Annual Gross:
$459,000
Last Year's Owner's Cash Flow:
$68,000

Operations

# of Part-Time Employees:
9
Hours Open:
8:30am to 9pm

Facilities

Inside Sq. Ft.:
1,000

Highlights

  • Coffee Shop located in the Mall.
  • Owner only works 15 hours a week.
  • Franchise Coffee Shop.
  • Seller financing may be available.
  • Thousand of customer traffic in the surrounding area.

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 32,888 46,393 115,789
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 11,060 14,951 39,900
2010 Persons Per Household 2.79 2.97 2.78
Median House Value $220,900 $209,683 $193,986
Income Per Household $62,050 $64,347 $53,212
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 907 1,058 2,533
2012 Number Of Employees 33,600 37,526 83,302
2012 Total Annual Payroll $687,013,000 $944,601,000 $1,799,656,000

click for more demographic info

Disclaimer

ADDITIONAL LISTING INFORMATION: NOTICE TO BUYERS: This business opportunity and/or real estate is listed by Western Singh Business Brokers ("Broker"). Visitor ("Buyer") understands that Broker or its agent(s) does not audit or verify any and all above mentioned information (not limited to sales, building size, lot size, margins, profits) given to or gathered by Broker or its agent(s) or make any warranty or representation as to its accuracy or completeness, nor in any way guarantee future business performance. Buyer is solely responsible to examine and investigate the Business, its assets, liabilities, financial statements, tax returns, and any other facts which might influence Buyer's purchase decision or the price Buyer is willing to pay. Any decision by Buyer to purchase the Business shall be based solely on Buyer's own investigation and that of Buyer's legal, tax, and other advisers and not that of Broker or its agent(s). Any listing information may change at any time without any notice. Buyer acknowledge that by using this website and inquring about any listings on this website shall not establish any agent and principal relationship between Western Singh Brokers and the Buyer. Western Singh Brokers is or will always be exclusive agent of seller only during any discussions or activities related to any listings on this website.


Western Singh Business Brokers helps buy and sell businesses for sale like gas stations, liquor stores, convenience stores, grocery stores, local markets, coin laundry, tabacco shop, cigarette stores, smoke shops, restaurants, and franchise businesses. Western Singh Business Brokers is serving in california in areas like modesto, sacramento, stockton, ripon, manteca, lodi, lathrop, elk grove, galt, tracy, livermore, dublin, pleasanton, alameda, merced, madera, ceres, turlock, hilmar, gustine, newman, los banos, delhi, denair, livingston, clovis, fresno, tulare, sonora, jackson, amador, roseville, placer county, el dorado hills, citrus heights, and other northern california area. 

 

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