Specialty Coffee Shop with Beer/Entertainment

Salinas, CA
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Asking Price:$1,100,000
Gross Revenue:$915,000
Rent:$3,450/Month
Cash Flow:$296,114
Inventory:$5,000
Established Year:2017
BUSINESS DESCRIPTION

Makes money all day and into the night!

Incredible opportunity for a prospective buyer who wants to walk into a successful, profitable and growing venture in the heart of downtown and own a turnkey & popular business with an established foundation. Great for business leaders who want to contribute to the community by providing quality products, unparalleled experience & great environment for customers. For more detailed information, please contact listing broker Kristiann Wightman at kristiann.wightman@fcbb.com or (831) 264-7329.


DETAILED INFORMATION
Location
Salinas, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,900
Lease Expiration
01/12/2025
Employees
11
Facilities
This is a leased location of 1,900 square feet with a Total monthly rent of $3,450. Lease ends 12/2025 with a three (3) year option. Seller is active with 1 Contract and 10 PT employees. Hours of operation are M-Th 6am-9pm, Fri & Sat. 6am - 11 pm, Sun. 8am-5 pm. $5,000 in inventory included in the asking price. $40,000 made in leasehold improvements. Other Assets include Refrigeration units, espresso machine, coffee grinder, live music equipment, tables and chairs, & beer tap. Liquor License - ABC 40 required.
Support & Training
Three (3) weeks, Twenty (20) hours per week.
Reason for Selling
Changing direction of business goals
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Kristiann
Wightman
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Kristiann Wightman