Franchise Desert (Cerritos) $680,000 "In Escrow"

2. Size : 1,117 Sf
3.Lease : 2yrs+ 5Yrs option
4.This Business also sale Hotdog and Boba Tea
   July sale $179,000
   Aug sale $160,000
   Sep sale $116,000

 5. Expenses
  * Rent $4,667
  * Utilities $1,600
  * Payroll with Tax $24,000
  * sales tax 9.5% of sales
  * COSG 23 % of sales
  * Franchise fee $1,000/month
  * Insurance with work com $1,000
  * Merchant service fee $2,300 ( 85 %)
* Extra $2,000
  * Tip $7,500

  Total of Sep $82,567

 6. This business is only 3 month, so SBA loans are not available, Seller will carry $200,000 of $680,000  4yrs/  5 %.

​1. Is the business absentee run ? = Almost absentee run
2. how often the owner work there in a day/ a week?  = maybe less than 1 hour
3. How many part time and full time employees ?= will send you payroll journal ( about 13-14) 
4. How much percentage rent up every year? = Every year 3% from base rent
​
​Do not talk to the owner and employees.
​No Co-op brokering.
​The photo may not be an actual photo of the business.

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