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    353 W Commonwealth

    Fullerton, CA 92832
    • $110,000
    • STATUS: Active
    • ON SITE: 90 days
    • ID#: OC20148430
    UPDATED: 44 min ago
    $110,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Great opportunity to own a successful, turnkey cafe business serving coffee, pastries, sundries, etc. within a public library. THE RENT IS ONLY $500 PER MONTH and all utilities are included (electricity, water, trash). Also has 4.5 stars Yelp reviews! The business was created in 2018 and revenues were increasing prior to Covid-19 closure. Rent has been forgiven during the closure due to pandemic, you start paying rent only when the cafe is reopened. The owner used 2-3 part time employees given her other commitments, but could be run by sole operator. Business is open M-F, but could be open sat/sun as well for more income.There is no hood or stove, but has convection oven and microwave.Included in the sale: We have an approved mobile kiosk from the Orange County Health Department that can be stationed in front of the Library or at City Hall. This business has many ways to grow with the right buyer. Don+GGt miss out!Listing Agent is related to business owner.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-26T13:30:56.55. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Millman Team. Licensed in the State of California, USA.

    www.millmanteam.com/homes/108284519
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    353 W Commonwealth Fullerton, CA 92832

    • Price: $110,000
    • Status: Active
    • Updated: 44 min ago
    • ID#: OC20148430
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    83 - Fullerton
    County:
    Orange
    Area:
    83 - Fullerton
    Property Description
    Great opportunity to own a successful, turnkey cafe business serving coffee, pastries, sundries, etc. within a public library. THE RENT IS ONLY $500 PER MONTH and all utilities are included (electricity, water, trash). Also has 4.5 stars Yelp reviews! The business was created in 2018 and revenues were increasing prior to Covid-19 closure. Rent has been forgiven during the closure due to pandemic, you start paying rent only when the cafe is reopened. The owner used 2-3 part time employees given her other commitments, but could be run by sole operator. Business is open M-F, but could be open sat/sun as well for more income.There is no hood or stove, but has convection oven and microwave.Included in the sale: We have an approved mobile kiosk from the Orange County Health Department that can be stationed in front of the Library or at City Hall. This business has many ways to grow with the right buyer. Don+GGt miss out!Listing Agent is related to business owner.
    Interior Features

    Seating Capacity 30

    Property Features

    Accounting Type Proforma Additional Parcels YN No Building Area Units Square Feet Business Type Food & BeverageRestaurant Country Us Equipment Expense 0.00 Equipment Value 40000 Gross Operating Income 78000.00 Hours Owner Works 30 Inventory Value 3000 Leasable Area 980.00 Leasable Area Units Square Feet Lease Renewal Option YN Yes Monthly NNN 0 Net Profit 33000 Number Of Full Time Employees 1 Number Of Part Time Employees 2 Operating Expense 45000.00 Professional Management Expense 0.00 Total Actual Rent 500.00 Year Established 2018 Years Current Owner 2

    Listing provided courtesy of Michael Lim of Maxim Real Estate Group Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-26T13:30:56.55. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Millman Team. Licensed in the State of California, USA.

     
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