Restore Cafe in Atwater Village for Sale

Los Angeles, CA (Los Angeles County)

Restore Cafe in Atwater Village for Sale
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Asking Price: $89,995

Cash Flow: N/A

Gross Revenue: $120,000

EBITDA: $30,000

FF&E: N/A

Inventory: $15,000

Rent: $4,289.24 /Month

Established: 2014

Restore Cafe in Atwater Village for Sale

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Business Description

Purchase a turn-key cafe for less than it costs to open a new one

This is an opportunity to purchase a permitted and operation cafe in the Atwater neighborhood of Los Angeles. This cafe currently has all applicable heath permits which will transfer with the sale. Permits cost nearly $100,000 to open the location originally. Purchase the business to operate in its current concept or rebrand to your own vision without the costs and lengthy process of getting permits approved. Business sale will come with all personal property that belongs to the company operation including kitchen equipment, refrigerators, inventory and front of the house furnishings. Business will come with a list of current vendors and employees to continue operations.

Detailed Information

Location:
Los Angeles, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,702
Lease Expiration:
12/31/2023
Employees:
5
Facilities:
4 years left on current lease. Current sub-lease of two separate units. Purchase will include all inventory, equipment, permits, furnishings and processes
Support & Training:
Business Owner may arrange training to ensure a smooth transition
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Business Listed By:
Robert Crawford

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