5-Day Cafe Diner; Rev $504K, Net $14K, SBA Ava, Asking $450K, LA

Beverly Hills, CA (Los Angeles County)

5-Day Cafe Diner; Rev $504K, Net $14K, SBA Ava, Asking $450K, LA
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Asking Price: $450,000

Cash Flow: $144,000

Gross Revenue: $504,000

EBITDA: N/A

FF&E: N/A

Inventory: $6,000*

Rent: $6,390 /Month

Established: 1999

*not included in asking price.

5-Day Cafe Diner; Rev $504K, Net $14K, SBA Ava, Asking $450K, LA

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Business Description

> 5 days open cafe for drinks and light meals such as sandwiches
> A plausible place for a short break with coffee or light meals for nearby business or office staff
> Conveniently located on the first floor of a small, modern building on a busy street with many nearby buildings - a good exposure from street view
> A long history of 20 yrs operation.
> For more details, see below;
• Monthly gross turnover averages anywhere between $41,000 and $42,000
• Net income possible is $12,000/mo on average
• Cost of goods sold including supplies is efficiently as low as 26.5%
• All-in rent is $6,390 including NNN
• Lease remains 2+5
• Compact sized premise of approx. 800 sq. ft + outdoor seatings (patio)
• 1 FT & 5 PT employees work. Two owners work full time
• Business hours are from 8 am to 4 pm, 5 days a week
• Ample parking space
• Established for 20 years
• Financial records are only available to buyers who have proven purchase funds and committed
• SBA loan is possible with a 30% or $135,000 down. For a loan of $315,000, an installment of approx. $4,832 per month can be repaid at 7.5 annum for 7 years
• For more information, contact Kevin Kim at beeinc.kevin@gmail.com
• An online NDA form attached for your quick inquiry

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
800
Lease Expiration:
N/A
Employees:
6
Facilities:
Good exposure from street traffic, Well established on the 1st floor of the nice building, 5 days open, and closed onthe weekends
Competition:
Yes.
Financing:
N/A. SBA loan possible
Support & Training:
2 weeks after closing escrow
Reason for Selling:
Retirement
Contact Seller

Contact the Seller

(from currently available funds)
 
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Kevin Kim

Business Listed By:
Yong (Kevin) Kim

Bee Realty Group

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