5 Day Cafe, Great Lease Low Rent!!!

Los Angeles, CA (Los Angeles County)

5 Day Cafe, Great Lease Low Rent!!!
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Asking Price: $99,000

Cash Flow: $68,000

Gross Revenue: $194,400

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

5 Day Cafe, Great Lease Low Rent!!!

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Business Description

DESCRIPTION: 5 day cafe located in an upscale nice professional office building catering to all the office patrons and surrounding foot traffic. Easy operation with low labor and great rent! Only open 7am to 5pm daily with major holidays off.

DEMOGRAPHICS: Per City-Data website, this city has: Estimated median income of approximately $125k in 2016 Median price of a detached home: $1,200,000 with median rents at $2,452 in 2016

EQUIPMENT: Back of house: Prep tables, reach-in refrigerators. Front of house: Register, Dining chairs and tables, reach-ins, fountain soda machine.
FACILITIES & OPERATIONS: 5 day cafe located in an upscale professional office building. Owner-run operation with some help (low labor) that only opens 7am to 5pm daily with major holidays off.

CURRENT MANAGEMENT & LABOR: The owner runs the show with minor help to run this easy operation.

MARKETING OPPORTUNITIES: 3rd party delivery and catering options should be implemented to increase top line sales. Already has the main foot traffic of being the only office cafe in the unit. Currently no advertising exists which brings an opportunity for the next operator. Also a major name professional tenant will be moving into the office spaces soon which will increase foot traffic even more.

FINANCIAL SUMMARY:
Sales averaging 16.2k monthly and climbing.
Rent at: 24%($3,800)
COG at: 33%($5,300)
Payroll at: 0%
Misc at: 8%($1,300)
Earnings at: 35%($5,672)

Listing#19031HP

Detailed Information

Location:
Los Angeles, CA
Business Website:
http://www.PacificRestaurantBrokers.com
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Pacific Restaurant Brokers

Business Listed By:
Jerry Diza

Pacific Restaurant Brokers

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