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#1124
Orange County

Franchise Coffee House in Great Business Center

$290,000
Sold
Franchise Coffee House in Great Business Center
This Listing is Sold
Selling Restaurants presents a Great location in large affluent O.C. city. This city and business center is highly desirable. Owners have built and maintained this coffee house. Huge amounts of traffic come to the center during lunch and weekend hours. Plenty of parking, seating, and beautiful scenery at the business center. The coffee house has a loyal following of business men and women, mothers and students. This is a great business for first time buyers or experienced owners looking for a relatively simple concept to run. Labor costs are one of your greatest operating costs here so a full-time owner who knows how to effectively manage and market the coffee house will be efficient and able to cut costs resulting in greater cash flow. The real potential here is in increasing the per ticket average which falls below the Corporate Average. By simply pushing "up-selling" may result in thousands of dollars in increased revenue. The great news is that this store's Gross Sales and total daily tickets exceed the Corporate averages which provides you with a solid foundation to build upon. The furniture, fixtures, and equipment alone are well maintained and in great working condition. The seller will carry back a note for a qualified buyer. Take the next step and go to sellingrestaurants and select one of the bright orange buttons below the listing. Then select the "New registration" Button. When you register, you get the name and address right on-line - no paper or faxes - you'll also get priority notification of our new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities. There are also more photos available to our registered buyers.
This is a Business Intermediaries, Inc. listing.
Broker Chuck Machado DRE License #01899280

Lease

Region:
Orange County
Lease Term:
expires 02-05-2013
Total Monthly Rent:
$4,860
Security Deposit:
$4,500

Financials

Last Year's Annual Gross:
$427,128
Last Year's Payroll Cost %:
32

Operations

# of Part-Time Employees:
16
# of Family Employees:
1
Hours Open:
Monday-Thursday: 5:30am-10pm
Friday-Saturday: 5:30am-11pm
Sunday: 6am-10pm
Year Established:
2004

Facilities

Indoor Seating:
24
Outdoor Seating:
16
Inside Sq. Ft.:
1389

Highlights

  • Highly Desirable City and Business Centre
  • Well Maintained Store with Great Sales Averages
  • Very Busy Centre during lunch and weekend hours
  • Great location with Plenty and Parking and Seating
  • Great place for business men/women, Mothers, and Students
  • Loyal Customers

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
10%
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 27,594 163,362 445,479
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 9,722 52,155 133,174
2010 Persons Per Household 2.76 2.64 2.92
Median House Value $582,100 $619,348 $592,591
Income Per Household $89,071 $88,722 $83,485
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 825 6,779 17,542
2012 Number Of Employees 14,060 252,298 651,690
2012 Total Annual Payroll $360,091,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Business Intermediaries, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.

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