Coffee And Sandwich Restaurant next to beach pier - Business for Sale
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Coffee and Sandwich Restaurant Near Balboa Pier, Newport Beach
Newport Beach, CA, US
Added today
Coffee and Sandwich Restaurant
7 years in business
Absentee / Semi-Absentee
Coffee and sandwich restaurant established in 2019 and located near Balboa Pier in Newport Beach, California, operating under absentee ownership.
Key Information
Asking
$590K
Revenue
$692K
Earnings
$144K
Multiple
4.1x
Key Highlights
- Business established in 2019
- Located in Newport Beach, California near Balboa Pier
- Absentee-run with owner working 5-12 hours per week
- Average monthly gross sales of $57,700
- Annual net income of $144,000
- Includes a beer and wine license
- Lease term is 4 years plus a 5-year option
- Owner offers two weeks of support and training after closing
Contact Info
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