Freestanding Profitable Coffee House
About this business for saleFreestanding Profitable Coffee House
A coffeehouse that is freestanding with a wrap-around patio is unique in San Diego and is now available! This eclectic coffeehouse is a staple in the community and offers the best coffee, pastries, and also offers beer and wine. Gross Revenues for 2015 were $408,952 with Seller’s Discretionary Earnings of $103,146. Gross Revenues through October 2016 were $320,476 with Seller’s Discretionary Earnings of $75,677. This FREESTANDING BUILDING is approximately 1,970 SF not including the front, rear and side Patio. Lease is good through 2024. There is also on premise parking. Perfect opportunity for an owner operator, absentee owner, or as an add on for a restaurant group looking for a freestanding building with parking and patio. It is very difficult to find a FREESTANDING BUILDING in an excellent location with parking, with wrap-around outdoor patios, with a great price per square foot, and lease term out to 2024.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.