Popular Staff Run Dessert Shop - In Escrow
San Diego

This established business is currently 100% staff run since the owners recently retired and moved out of state. Highly sought after location with incredible foot traffic and proximity to convention center and Petco park.  Clean books and records with owner operator net income on 2016 tax return showing over $140,000.  Sales have remained stable in 2017 since owners retired and trained staff are fully capable of handling day to day operations.  Seller projects absentee net income between $90k and $100k in 2017 after paying all labor costs.  Sale includes lucrative repeat corporate accounts as well as all kitchen equipment and fixtures with a replacement cost of over $200,000. Great ROI potential with a less than 2 year pay back for an owner operator.  Price recently reduced to $250,000 for a quick sale.  

Listing Number:

14247

Category:

Retail

Location:

San Diego

SOLD

Financial Information:

Gross Revenue:

$347,656

Listed Price:

$225,000

Total Adjusted Net Income:

$147,150
Equipment / Fixtures:
$220,000

Year Established:

2003

General Location:

San Diego

Hello World

First Choice Business Brokers

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.


The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.

Sell Your Business

Request More Info - Sold Listing Page

By clicking the button, you agree to First Choice Business Broker  Terms of Use and Privacy Notice

Sell Your Business

Request More Info - Sold Listing Page

By clicking the button, you agree to First Choice Business Broker  Terms of Use and Privacy Notice

Popular Staff Run Dessert Shop - In Escrow

Location: San Diego


This established business is currently 100% staff run since the owners recently retired and moved out of state. Highly sought after location with incredible foot traffic and proximity to convention center and Petco park.  Clean books and records with owner operator net income on 2016 tax return showing over $140,000.  Sales have remained stable in 2017 since owners retired and trained staff are fully capable of handling day to day operations.  Seller projects absentee net income between $90k and $100k in 2017 after paying all labor costs.  Sale includes lucrative repeat corporate accounts as well as all kitchen equipment and fixtures with a replacement cost of over $200,000. Great ROI potential with a less than 2 year pay back for an owner operator.  Price recently reduced to $250,000 for a quick sale.  

Listing Number:

14247

Category:

Retail

Location:

San Diego

Ciro 'Vic' Coppola

Office: (702) 368-2500   |  Cell: (725) 233-3333

License #: BS.0146004

Financial Information:

Gross Revenue

$347,656

Listed Price:

$250,000

Lease Information:

Square Feet:

800

Total Rent:

$4,834

Lease Expiration:

2/2021

Lease Options:

1/5 yr option

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$220,000

Additional Information:

Full-Time Employees:

4

Part-Time Employees:

2

Training Period:

4 weeks

Reason for Selling:

Retirement

First Choice Business Brokers

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.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.

Share by: