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Coastal Monterey County

  • Listing No.: 106-15305

  • Category: Food - Coffee

Asking Price $50,000
Down Payment $50,000
Gross Revenue $271,936
Total Adjusted Net Income $0
Equipment/Fixtures $46,000
Year Established 2015
General Location Coastal Monterey County
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image-for-Mark Flores
Contact Details:

Priced to Sell Quickly! This coffee shop is located on a busy corner in the revitalized downtown area of Seaside, CA. Close to a popular university and neighbors to Monterey and Sand City, this area is developing into a thriving young community. The store has an incredible design and layout with beautiful windows providing a ton of natural light, high ceilings, and excellent acoustics. Customers enjoy the roomy interior and the large front patio. The space is incredibly versatile with a large prep-kitchen currently utilized as a deli. The business is anchored by a large grocery store, full service and fast food restaurants, and other popular retail shops. The area recently went through a huge improvement project causing the business to close for 5 months. Between 2015 - 2018 the business has generated income between $120,000 - $310,000 annually and is poised to grow along with this bustling community. Do not miss this incredible opportunity! 

Gross Revenue $271,936 Listed Price $50,000
Total Income $0 Down Payment $50,000
Base Rent $3,834 Square Feet 1704
Total Rent $5,236 Lease Expiration 5/2020
Rent Deposit $0 Lease Options 1, 5 year option
Inventory $1,000 Leasehold Improvements $40,000
Equipment/ Fixtures $46,000 Other Assets
Full-Time Employees 1 Training Period
Part-Time Employees 5 Special License Required
Contract Staff 0 Reason for Selling Downsizing

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.