Offer Pending - Specialty Beverages-Nets $426,000

IMPORTANT: Please read the entire write-up. Especially the last paragraph, which details how to obtain additional information. Currently, this ten-year-old business is experiencing excellent growth in revenues. This is in spite of the business’ dealing the COVID-19 issues and mandates. Approximately 80% of the business’ revenues are generated from blended and cold drinks. As a non-franchise the owner has had the flexibility (unencumbered) to grow the business and increase profits every year since it was established. Great employees, better products and a winning system fuels the high profits and increasing revenues. The owner (because of his trust in the business model) will finance a QUALIFIED buyer with $400,000.00 Down Payment. Fortunately, the broker has received notification from a PLP SBA lender that this transaction is SBA financeable. The criteria for such SBA financing are 1) the Buyer’s liquidity of over $200,000.00, 2) have good credit, as well as 3) have food and beverage experience. Because the business' leased property is owned by a national landlord, the requirement from this landlord is that a potential buyer have at least $200,000.00 to $300,000.00 of liquidity and be credit worthy. A summary of yearly sales is as follows: • 2021 $1,384,000 • 2020 $ 925,014 • 2019 $ 801,790 This Business is being represented by a Licensed Real Estate Broker in the State of Arizona, License # BR009292000. Because of the Confidentiality surrounding the sale of the Business: Potential buyers will be asked to meet at the Broker's office to sign a Confidentiality Agreement and provide proof of funds before receiving additional information. Location: Tucson, Arizona Year Established: 2012 Number of Employees: 30 Real Estate: Leased Building Sq. Ft.: 3,000 Rent: $5,900.00 Per Month Lease Expiration: 12/31/2027 Facilities: 3,000 square feet end-cap of an in-line shopping center located on one of Tucson’s busiest avenues. Reasonable gross rent at $5,900 per month. Growth & Expansion: Seller will give the Buyer recommendations for growth.