French Bakery/Cafe – With Beer & Wine License

Listing ID - 01985302JS

French Bakery/Cafe with Beer&Wine license. Popular prime location in West LA close to the beach.

Currently working very short hours and closed for evenings because of owner's busy schedule. Increase hours for the evening since the area is busier in the evenings.

The business also has a parklet and can serve outside.

New equipment: Turbo oven, 2-door beverage ref, 2x2-door freezer, 3-door refrigerator, espresso machine, ice maker, etc.

Good rent includes an extra spacious storage area, which is $250/m. and can be canceled if the tenant does not need extra space.

Down Payment: $330,000

Total Sales: $336,000

Cash Flow: $128,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $100,000

FFE Included: Yes

Inventory: $10,000

Inventory Included: Yes

Year Established: 2018

Days & Hours of Operation: Mon: Closed / Tue: 8am-3pm / Wed - Fri: 7:30am-3pm / Sat: 8am-3pm / Sun: 8am-2pm

Owner Hours Per Week: Full Time

Non-Owner Payroll: N/A

Employees: 2

Absentee Owner: No

Lease Option: NNN 3/5 Year Options

Real Estate: N/A

Real Estate Included: No

Monthly Rent: $4,000

Square Footage: 689

Reason For Sale:

Relocation