Profitable & Priced To Sell

Los Angeles, CA (Los Angeles County)

Profitable & Priced To Sell
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Asking Price: $199,000

Cash Flow: $125,000

Gross Revenue: N/A


FF&E: $25,000

Inventory: $2,000

Real Estate: N/A

Established: 2005

Profitable & Priced To Sell

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Business Description

Many Loyal Customers for this great opportunity for an Owner/Operator. This cold kitchen with No hood, No grease trap, No gas lines (All electric equipment) is an easy Cafe operation with HIGH PROFIT MARGIN with items such as juices, smoothies, bagels, fresh made soups, salads, paninis, sandwiches, teas/coffees, snacks, breakfast pastries, etc.
PRICED TO SELL with less than x 2 EBITDA.
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 and water & electricity.
Business established in 2007 (12) years ago. Excellent reputation and 5 stars Yelp reviews. Unlimited growth potential. Please do not disturb employees or patrons, contact Brigitte Handler for showing appointment.

Detailed Information

Los Angeles, CA
Included in asking price
Real Estate:
Included in asking price
Building SF:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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, recipes, about $2,000 of food inventory, POS system, all permits and more *Truly turnkey 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 Full Time employees + payroll tax for the 2 FT. * Lease ends 2020 + 1 3 years option *Lease Renewed every 3 years *Landlord may add a 2nd option for a qualified new tenant * Turnkey, bright, clean, attractive space * Parking in building and streets. *This is a medical building; security and privacy are important. Landlord will accept a qualified tenant with restaurant/cafe experience but landlord requires tenant to be a US Citizen or a permanent resident with a Green Card.
No competition in this building or adjacent * Cafe established over 12 years ago * Excellent reputation * Great Yelp reviews * Many business centers, medical buildings, shopping and high-end residences around.
Growth & Expansion:
Advertise to the neighborhood or/& open longer hours would add considerable cash flow 1. Staying open later in the day (now closes at 3pm) so that the building employees, patrons and patients can purchase snacks, late lunch, drinks and also take-out dinners for when they leave the building between 5 and 7pm, 2. advertise to the neighborhood to benefit from healthy dinner deliveries to this hip and upscale area, 3. add items such as a Juice Bar, prepared fruits or salads bowls to go, etc 4.develop business accounts for the adjacent offices (e.g: food trays deliveries for office meetings breakfast or lunch), businesses/in house accounts, etc.
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:
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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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