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Los Angeles County, California
Asking Price
$99,000
Revenue
$311,948
Down
Call/Email
Cash Flow
$65,133
Name: Gina Veeragoudar
Phone: Show phone number
Name
Gina Veeragoudar
Phone
Show phone number
Posting ID:
286516
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7am - 3pm, Monday-Friday. Easy operation - Large profit margin with offerings such as juices, smoothies, sandwiches, salads, bagel/cream cheese, soups, etc. Can stay open longer and benefit from longer opened hours from building employees and add the dinner deliveries in this upscale neighborhood. * Monthly rent: $4,068 including NNN * Lease ends 2020 - Landlord will add option for qualified new tenant * Restaurant size is approx. 1,000 sq. ft. * Occupancy approx. 36 seats * Monthly gross is $26,000 - room to increase revenues with longer hours * The average net income is $8,000+ including add-backs Seller Will Show The POS Numbers And Other Figures Possibility to increase net income to $10,000+ per month (with more opened hours, or/& adding food option or/& add dinner deliveries) * Payroll is averaging at $4,000 per month + payroll tax * 5-day business, hours are from 7am to 3pm, Monday thru Friday. Closed on Saturdays, Sundays and Holiday weekends * 2 full-time employees and 0 Part Time * Owner works full time, but works often only 4 days per week * Business created about 15 years ago Has POS System Limited parking in Free standing building front. Turnkey and beautiful cafe in a medical building near Cedars Sinai Hospital. Asset Sale but this Business is profitable which is a rare fact for any offering for sale and has room to grow: such as longer hours to profit from the building employees who leave work at 6pm or so, also the private residences around with dinner deliveries, or/& more food offerings, or/& advertise, or/& add delivery options with online ordering companies, etc. Low rent, attractive lease. Excellent opportunity for an owner operator to own your cafe in one of Los Angeles most dense, upscale & populated area - No hood no grease trap - but otherwise fully equipped for a cafe. Sales price includes all F, F & E; $2,000 food inventory; goodwill; all permits and more. Full training and support. Trained employees will stay which will be an easy transition for new owner. Seller must relocate, thus why the need to sell his profitable cafe. Landlord will accept a qualified tenant with restaurant/cafe experience and be a US Citizen or with a Green Card.
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