$475,000.00
Asking Price
Address: West Los Angeles,
Status: In Escrow
Posting ID: 281547
9/20/23
Description
This is a rare opportunity to acquire a thriving coffee & dessert flagship cafe located in bustling West LA. This wildly popular establishment boasts a wide variety of delectable treats, including ice cream, waffles, crepes, chocolates, shakes, pastries, cookies, coffees, and teas, drawing in a loyal customer base. As part of a rapidly expanding franchise, this cafe benefits from a proven business model and strong brand recognition.
Under absentee ownership, the business continues to thrive, thanks to an established menu, recipes, and a dedicated staff. The prime corner location offers both indoor and outdoor seating, providing a comfortable and inviting atmosphere for patrons. The current owner is committed to providing comprehensive training to ensure a smooth transition. With a favorable and secure long-term lease, this turnkey opportunity is primed for further growth and success. Don't miss the chance to own and operate this highly profitable dessert and coffee cafe in a desirable location. Inventory is included in the sale price.
The franchise fee of $45,000 and corporate training are included in the sale price. The franchise fees are as follows; a royalty fee of 6% and a marketing fee of 1% of sales. This is an exciting time to join this enjoyable company with 12 US locations, 3 international.
SBA pre-approved with 10% cash down for a well-qualified buyer.
Lease Terms: Monthly rent is $5,738, plus CAM charges of $1,008. The lease expires in 2027. There are an additional two 5-year options to extend.
Menu: Desserts, Crepes, Waffles, Cookies, Cakes, Ice Cream, Dipped Fruits, Shakes, Coffees and Teas.
Established July 2017
Lease- Monthly rent is $5,738, plus CAM charges of $1,008. The lease expires in 2027. There are an additional two 5-year options to extend.
Employees- 6-7 employees
Equipment: 4 menu boards, Refrigerated display case, Countertop pastry display case, Toast POS system, 2 crepe makers, Waffle iron, Pancake maker, Microwave, Espresso machine, Coffee grinder, Ice cream freezer, Ice maker, Countertop refrigerated topping holder, Tables, Chairs, Storage racks, Lockers, Ring security with 6 cameras.
Inventory: Included in the sales price
Listed for $475,000
To get more information about this Dessert And Coffee Bar Franchise - Absentee Run business for sale in West Los Angeles please phone Teri Craft (Agent - BRE License #:01345105) at 626-864-4446 Cell and 626-864-4446 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #281547 on BizBen.com. In addition to phoning Teri Craft, make sure you email Teri Craft above to get more info about this Dessert And Coffee Bar Franchise - Absentee Run, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01345105. Berkshire Hathaway Commercial.
Contact
Details
Asking Price: $475,000.00
Down: Call/Email
Cash Flow: $189,466.00
Revenue: $790,694.00
Area: West Los Angeles
City: West Los Angeles
Attributes:
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