5 days cafe in medical building 7am-3pm

Los Angeles, CA (Los Angeles County)

5 days cafe in medical building 7am-3pm
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Asking Price: $199,000

Cash Flow: $85,000

Gross Revenue: $335,000

EBITDA: N/A

FF&E: $25,000

Inventory: $2,000

Real Estate: N/A

Established: 2005

5 days cafe in medical building 7am-3pm

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Business Description

Very busy with great clientele

Many Loyal Customers for this great opportunity for an Owner/Operator. This is an easy Cafe operation with large profit margin that sells items such as juices, smoothies, bagel & cream cheese, fresh made daily soups, salads, paninis, sandwiches, teas/coffees, breakfast pastries, etc. The owner will train and provide recipes without additional charge if the buyer requires. Healthy Food. Turnkey & beautiful 5 days cafe in a medical building on San Vicente Blvd. Open 7am - 3pm, Mon-Fri. Closed on Weekends & Holidays. Monthly rent $4,100 includes NNN. Business created about 15 years ago. Excellent reputation with Great Yelp reviews. Room to grow with unlimited business potential. Please do not disturb employees or patrons, contact Brigitte Handler for showing appointment.

Detailed Information

Location:
Los Angeles, CA
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
995
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Approximately 995 S.F * 36 seats * Fully equipped * Turnkey * No hood *No grease trap *No gas lines * All electric equipment. * Open 5-days , Monday thru Friday from 7am to 3pm * Closed on Saturdays, Sundays and Holidays. * Parking in building and the streets * This Sale's price includes all Furniture, Fixtures, Equipment, goodwill, about $2,000 of food inventory, POS system, all permits and more *Truly turnkey and pretty space with good vibe located on ground floor in a medical building near Cedars Sinai Hospital. * Monthly Rent: $4,068 including all charges. * Payroll is about $4,000 per month for 2 FT + payroll tax for 2 full-time employees. * Lease ends 2020 *Renewed every 3 years *Landlord may add a 2nd option for a qualified new tenant * Turnkey and beautiful * Parking in building and the streets. *This is a medical building; security and privacy are important. Landlord will accept a qualified tenant with restaurant/cafe experience and be a US Citizen or with a Green Card.
Competition:
No competition in this building or adjacent * Cafe created about 15 years ago * Excellent reputation * Great Yelp reviews * Many business centers, medical buildings, shopping and residences around.
Growth & Expansion:
Open longer hours would add considerable cash flow 1. by staying open later in the day (now closes at 3pm) for the employees of the building, patrons and patients to purchase snacks, food, drinks and take-out dinners for when they leave the building between 5 and 7pm, 2. open later, would benefit from dinner deliveries in this hip and upscale neighborhood, 3. create/develop business accounts for the adjacent offices (food trays deliveries such as breakfast or lunch for office meetings) and catch the last building employees,
Support & Training:
Full training and support for two (2) weeks. The current employees will stay, which will add to a smooth transition for new owner operator.
Reason for Selling:
other
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Contact the Seller

(from currently available funds)
 
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Brigitte Handler

Business Listed By:
Brigitte Handler

Keller William Realty Studio City

Show Phone Number

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