West Hollywood Cafe & Coffee Shop – Quaint New Buildout!

Los Angeles, CA (Los Angeles County)

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Asking Price: $150,000

Cash Flow: N/A

Gross Revenue: $240,000

EBITDA: N/A

FF&E: $30,000

Inventory: $1,000*

Rent: $5,500 /Month

Established: 2017

*not included in asking price.

West Hollywood Cafe & Coffee Shop – Quaint New Buildout!

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Business Description

This West Hollywood coffee shop and cafe boasts a highly sought after location in the heart of the prestigious shopping district. The newly built-out venue has a sharp, clean and inviting appearance that attracts patrons. It also boasts a hood so they are able to offer customers a variety of cooked items.

Detailed Information

Location:
Los Angeles, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
800
Lease Expiration:
N/A
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This 800 square foot facility leases for $4,500 per month plus $1,000 in common area maintenance (CAM) expenses on a secure lease with options to be negotiated. All of the businesses furniture, fixtures, equipment and goodwill will be included in the sale. $1,000 in inventory will be sold at cost at close in addition to the purchase price.
Competition:
Competition for cafes, coffee and other food item venues certainly exists in this highly popular retail area. Fortunately, these venues are there to similarly capitalize on the active customer base. The establishment’s location and hood, which allows it the ability to offer a more extensive menu of cooked items, provides it an advantage.
Growth & Expansion:
New operators will likely choose to capitalize on the high profile location and customer base of retail shoppers, tourists and area residents as well as the venue’s hood to launch any number of their own concepts.
Support & Training:
2 Weeks at 20 hrs/wk
Reason for Selling:
Personal
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Michael Wildeveld, CBB, CBI, CM&AP, M&AMI, CEPA

Business Listed By:
Ryan Clark

The Veld Group

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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