$729,000

Los Angeles, CA
DESCRIPTION

This coffee, boba, smoothie, and dessert shop is conveniently situated in a bustling shopping center that houses a popular supermarket and many retailers.

It is centrally located in Koreatown, Los Angeles and occupies an area of 1900 square feet, which is well-appointed with improvements.

Established in 2003, the current owner has been successfully managing the business for six years.

The shop enjoys consistent customer traffic throughout the day, thanks to its prime location in the busy shopping center.

LISTING DETAILS

Down Payment: $729,000

Total Sales: $588,000

Cash Flow: $264,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $100,000

FFE Included: Yes

Inventory: $5,000

Inventory Included: No

OPERATION

Year Established: 2003

Days & Hours of Operation: 7 Days (10am to 8pm)

Owner Hours Per Week: Part Time

Non-Owner Payroll: N/A

Employees: 7

Absentee Owner: No

Lease Option: 5 Years Option

LOCATION

Real Estate: N/A

Monthly Rent: $9,000

Type of Location: Strip Mall

Square Footage: 1900

Franchise: No

SUMMARY

Reason For Sale:

Family

Agent Details

HEMENDRA PATEL

  • (562) 230-1193

NDA Form

Please fill up required information in NDA form & sign it and send it to email: harrypatelvrbb@gmail.com

NDA Form Download