$550,000.00
Asking Price
Address: Anaheim,
Status: Active
Posting ID: 286897
10/17/24
Description
For sale is a cafe and restaurant open for 6 days a week, priced at $550K.
It is a high-volume cafe and building, open 6 days a week, with gross revenue over $1,140,000. The restaurant is located at a busy four-way intersection in an industrial area and has been established for 41 years.
1. Gross sales average $1,140,000 per year.
2. Monthly rent is $9,000 plus NNN.
3. New lease terms are 10 years with two 5-year extensions.
4. The size is approximately 2,790 square feet.
5. Average net income possible is over $15,000 per month.
6. The restaurant has been owned for over 40 years.
7. The business operates 6 days a week, from 7 am to 8 pm, Monday through Saturday, and is closed on Sunday.
8. There are 15 full-time and part-time employees.
9. The owner does not work.
To get more information about this Cafe Restaurant - High Volume, Busy Intersection business for sale in Anaheim please phone Samuel Kim (Intermediary, Agent - BRE License #:01425551) at 714-290-2362 and 714-823-7171 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #286897 on BizBen.com. In addition to phoning Samuel Kim, make sure you email Samuel Kim above to get more info about this Cafe Restaurant - High Volume, Busy Intersection, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01425551. Pacific Sterling .
Contact
Details
Asking Price: $550,000.00
Down: $250,000.00
Cash Flow: $180,000.00
Revenue: $1,140,000.00
Area: Anaheim
City: Anaheim
Attributes:
My Notes About This Listing
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Revenue
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If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
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The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
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Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
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