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.
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.