Breafast & Lunch Cafe, Asset Sale, Build out 2 Mil

Price: $199,000

Location: Los Angeles County, CA

Industry: Restaurant and Food

Listing ID: 5434 JH

Listing Status: Reduced Price

Description

Nestled in the vibrant heart of Santa Monica, this esteemed cafe offers a unique dining experience that draws locals and visitors alike. Known for its exceptional blend of cosmopolitan flair and intimate ambiance, this establishment has become a beloved staple within the community. The cafe boasts a meticulously curated menu that features a variety of gourmet offerings, including specialty coffees, organic teas, and an array of innovative dishes that cater to health-conscious patrons. With an emphasis on sustainability, the cafe sources its ingredients from local and organic producers, ensuring every meal is of the highest quality. The interior design of the cafe reflects a perfect balance between modern chic and cozy comfort, creating an inviting space where customers can enjoy a leisurely meal, work on their laptops, or catch up with friends. The outdoor seating area offers a delightful al fresco dining experience, perfect for those sunny Santa Monica days. With a strong and loyal customer base, this cafe has experienced consistent growth and profitability. The business also benefits from its prime location in a bustling area of Santa Monica, surrounded by retail shops, offices, and residential buildings, which ensures a steady flow of foot traffic. This turnkey operation is an exceptional opportunity for an entrepreneur looking to own a piece of Santa Monica's culinary scene. The sale includes all fixtures, fittings, and equipment, making it an easy transition for the new owner to step in and continue the legacy of this cherished local gem.

LISTING DETAILS

Down Payment: $199,000

Total Sales: N/A

Cash Flow: N/A

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $1,300,000

FFE Included: Yes

Inventory: $10,000

Inventory Included: No

Operation

Year Established: 2020

Days & Hours of Operation: 7 DAYS 8:30AM TO 2PM / 5-10

Owner Hours Per Week: Part Time

Non-Owner Payroll: N/A

Employees: 8

Absentee Owner: No

Lease Option: 5 Years Option

Location

Real Estate: N/A

Monthly Rent: $11,000

Type of Location: Street Center

Square Footage: 910 + 231 PATIO

Relocatable: No

Summary

Reason For Sale:

Family

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LISTING OWNER