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Pacific Beach

  • Listing No.: 106-15314

  • Category: Food - Restaurant

Asking Price $119,000
Down Payment $90,000
Gross Revenue $201,396
Total Adjusted Net Income $54,082
Equipment/Fixtures $79,000
Year Established 2011
General Location Pacific Beach
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image-for-Shawn Ko

Ideally located near the beach, this store is on a high traffic street with lots of visibility. Currently sells Boba and other specialty menu items. Easy to operate with high profit margin due to low cost of sales and labor. Seller needs to sell due to family heath issues.

Gross Revenue $201,396 Listed Price $119,000
Total Income $54,082 Down Payment $90,000
Base Rent $0 Square Feet 930
Total Rent $4,082 Lease Expiration 3/2021
Rent Deposit $2,790 Lease Options
Inventory Not Included Leasehold Improvements $55,000
Equipment/ Fixtures $79,000 Other Assets
Full-Time Employees 0 Training Period 2 Weeks
Part-Time Employees 6 Special License Required
Contract Staff 0 Reason for Selling Seller needs to sell due to family health issues.

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.