Profitable Coffee Shop for Sale in Los Angeles

Los Angeles, CA (Los Angeles County)

Profitable Coffee Shop for Sale in Los Angeles
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Asking Price: $85,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $50,000

Inventory: $3,000

Established: 2013

Profitable Coffee Shop for Sale in Los Angeles

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Business Description

Semi-absentee, owner-operated, profitable Coffee Shop located in the lobby of high-rise office building in Downtown Los Angeles! The coffee shop is exceptional and specializes in coffee, expresso, pastries, and healthy alternatives such as smoothies, and shakes. The business has an easy operation and is ready for a new owner. This business is only open 5 days a week. Seller states the gross sales are $110,000 per year with a net income of $35,000. Per Seller, if the Buyer were an owner operator, the potential net income could be $68,000 per year if they took over the Barista role (buyer to observe and/or verify). This shop has it all with a clean, nice build out featuring stylish décor and services loyal clients, walk-in clients, and office workers. In addition to being located in a convenient location in close proximity to large companies, residential apartments, and gyms, the coffee shop also has a great online presence with great reviews and an average of a 4.5-star rating on Yelp. The shop has been at the present location for 5 years with a build out of over $250,000.00 in improvements. The location does not have a hood and is not needed to run the operation. FF&E are included in the sale. This is an Asset Sale! No financial records will be provided. Seller is selling due to personally changing industries. Inquire now! For additional information contact listing agent Gina Veeragoudar at 310-819-5633.

Detailed Information

Inventory:
Included in asking price
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a leased location of 600 square feet. Lease ends 10/2023. Seller is active in the business 1 Full Time employee. Hours of operation are 7 AM to 12 PM and 1 PM to 5 PM Mon-Fri. $3,000 in Inventory and $50,000 in FF&E included in Asking Price. $250,000 made in Leasehold Improvements.
Support & Training:
2 Weeks
Reason for Selling:
Changing Industries
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(from currently available funds)
 
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Gina Veeragoudar

Business Listed By:
Gina Veeragoudar

First Choice Business Brokers LA

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Sponsoring Broker:
Adrianna Smith

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