Reason for selling: Personal and health issues.
Situated in beautiful Belmont Shore. High traffic area. Opportunity to turn this business in to your own brand. Nearly 250 4 star reviews on yelp.,Known for their excellent service and fresh food. Nice covered patio with occasional live music. Extended delivery options – on many of the online ordering platforms.,Current lease expires in October with a 5 year option to renew. Leasehold improvements included: improving the restroom, lighting, and added dip waterwells for smoothie and acai section.
Asking Price: $99,000
Gross Revenue: $627,853
Cash Flow: $89,692
Lease Rate/Sq. Ft.: $9,435 /Month
Lease Rate: $9,435 /Month
Lease Expiration: 10/31/2018
Support Training: 1 to 2 weeks training.
Inventory: N/A – Included in asking price
Real Estate: Leased
Building SF: 1,600