Retail - Restaurants | Retail - Other Eating & Drinking Places

$Seller Financing Available

Asking Price	$375,000	Inventory	$10,000*
Gross Income	Not Disclosed	Real Estate
Cash Flow	Not Disclosed	Year Established	2004
FF&E	$200,000*	Employees	5-7

* included in the asking price

** not included in the asking price

With the owner's net profit holding strong, and a preliminary SBA loan approval, buyers can realize a full return of their initial investment on this business within the first year. This is an excellent investment opportunity for an established restaurateur, or a first-time operator to concentrate on a breakfast / lunch concept that has proved successful for over 60 years. Esau's Cafe first introduced it's recipes at the 1939 San Francisco World Fair, where the talents of the young Tom Esau made an excellent impression among local restaurateurs. This location continues this tradition from a highly visible spot on Linden Avenue, facing one of the largest traffic counts in Carpinteria. A steady stream of customers flows through the area, with a strong local population and yearly visitors from abroad, hoping to take in a little beach atmosphere. Offering an outdoor patio and easy street parking, this restaurant has been a local favorite for several years running, with an established breakfast and lunch business serving the local demographic. The owner has branded this location as the "it" place for morning pancakes in Santa Barbara County, and it is the longest operating breakfast house in the area.

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Facilities: Just blocks from the beach, this business has a prime location on the main throughfare of Carpinteria, with excellent drive-by exposure, and plenty of foot traffic from the downtown area. Ample indoor seating is available, with additional tables on an enclosed outdoor patio. The landlord will consider a lease-to-own opportunity for qualified buyers. Competition: Retail sales from this location have been consistent for several decades. Despite the opening of many restaurants in Santa Barbara County.

Competition: Retail sales from this location have been consistent for several decades. Despite the opening of many restaurants in Santa Barbara County, this business continues to thrive on a local breakfast and lunch crowd, who are used to frequenting this location after so many years in business. The restaurant concept focuses on the surfing community, providing a historic destination point for many surf-minded tourists visiting the area.

Seller Financing Available: Yes

Financing: This business has been reviewed and granted preliminary approval for an SBA Loan

Support/Training: Employees are fully trained and capable of fulfilling all food preparation, and customer service. Seller will provide up to 30 days or 40 hours of training on product ordering, recipes and the nuances of this location to contracted Buyers, after all contingencies have been satisfied.

Reason Selling: Focusing on other local business ventures.