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Breakfast and Lunch Cafe

Ventura County, CA

Breakfast and Lunch Cafe
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Asking Price: $465,000

Cash Flow: $150,000

Gross Revenue: $900,000

EBITDA: $150,000

FF&E: $20,000

Inventory: $5,000*

Rent: $2,735 /Month

Established: 2002

*not included in asking price.

Breakfast and Lunch Cafe

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Business Description

Absentee Owner Cafe - Very profitable

A neighborhood favorite since it opened over 20 years ago.
A home-style breakfast and lunch restaurant with a small-town atmosphere; Loyal clientele
Pre-qualified for a SBA loan through Chase Bank
Professional management and staff in place
Absentee Owner
Breakfast and Lunch menu
Hours of operation: Daily 6AM to 2:30PM, Sundays until 2:00PM

Attached Documents


Detailed Information

Location:
Ventura County, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,511
Lease Expiration:
5/31/2031
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1,511 Sq. Ft. @ $2,735 monthly, plus Cam expenses. Approx $3,500 / month total Current lease runs through May, 2021 Two (2) Options to extend through May of 2031 Fully equipped / turn-key facility
Competition:
This is a hometown favorite. Resilient to competition and market changes.
Growth & Expansion:
Cafe is located in close proximity to the freeway with several new housing developments under construction and more that have been entitled for development in the next year or 2.
Financing:
N/A
Support & Training:
Business is operated by the employees and manager. Minimal training needed.
Reason for Selling:
Owner ready to retire
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Contact the Seller

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Steve Buenger

Business Listed By:
Steve Buenger

Buenger Commercial Real Estate, Inc.

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