Downtown Los Angeles Cafe w/ Active Client Base – Great Location!

Los Angeles, CA (Los Angeles County)

Downtown Los Angeles Cafe w/ Active Client Base – Great Location!

Asking Price:$115,000

Cash Flow:$60,000

Gross Revenue:$220,000

EBITDA:N/A

FF&E:$10,000

Inventory:$5,000*

Established:2008

*not included in asking price.

Downtown Los Angeles Cafe w/ Active Client Base – Great Location!

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Business Description

This downtown Los Angeles cafe with patio seating is ideally located in a high traffic courtyard with a built-in client base of patrons from the high traffic organization that it is essentially a part of. In addition to a steady flow of traffic it receives from this organization, the cafe provides catering and delivery services. Because of its organic coffees, stellar drinks, delicious food, and lovely courtyard, the cafe offers its patrons a unique ambiance that makes is an ideal place to relax and enjoy a break.

Detailed Information

Inventory:
Not included in asking price
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This 700 square foot cafe leases for $4,700 per month on a lease that expires in 2019 with one five year option. All of the business's furniture, fixtures, equipment and goodwill will be included in the sale. The current concept does not have a hood, as one is note required for the type of food they prepare.
Competition:
Due to its unique location that allows it to cater to the organization’s staff and patrons, as well as nearby residents, the cafe is somewhat protected from competition. As such, it has a built in competitive advantage over those venue that are further away or that lack the ambiance or convenience that this venue is able provide.
Growth & Expansion:
New owners may wish to enhance the menu offering in terms of food and drinks offerings, and consider the addition of fresh squeezed juices and smoothies as well as other popular high margin items. They may also wish to consider the addition of equipment with a built-in hood shall they wish to further expand the menu offerings.
Support & Training:
4 Weeks at 20 hrs/wk
Reason for Selling:
Relocation

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Vladimir Tuchinsky

Business Listed By:
Vladimir Tuchinsky

The Veld Group

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Sponsoring Broker:
Michael Wildeveld

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