$139,000.00
Asking Price
Status: Active
Posting ID: 284708
4/11/24
Description
Historical Cafe In Northern California - SC2165
This Northern California eatery/restaurant is a California Sole Proprietorship and has been in operation for only 1 year. Freshly renovated, this eatery is known for their amazing made from scratch pizzas, salads, cakes, and wraps and located next a railroad so they play of the railroad theme in their décor and pizza names. Everything they serve is scratch made with no processed or fried foods. They have ample parking, and train rides leave from the parking lot twice per month, which brings in large crowds. They have a Vegan menu and have a large Vegan following. They also offer catered events with several food options. All Seller recipes come with the sale.
This business is only open 20 hours per week (Wednesday through Sunday from 11am to 3pm). Growth could be obtained by extending the hours and days worked, obtaining a Type 41 (Beer and Wine) liquor license, bringing in live music and improving the signage for visibility.
Financial Information
Asking Price: $139,000
Cash Flow: $45,000
Gross Revenue: $100,000
Down Payment: $139,000
Business Location
City: Northern California
State: California
Reason for Sale
The reason for selling is the Seller would like to pursue other interests.
Detailed information
Year Established: 2022
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Part-Time Employees: 3
Contractors: N/A
Owner Worked Hours/w: 20
Adjusted EBITDA: $45,000
Inventory Included: Yes
Inventory Value: $3,000
Monthly Rent: $1,000
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 1000
FF&E Included?: Yes
FF&E Value: $10,000
Training/Support
The Seller is willing to train the new Owner for up to 2 weeks at 20 hours for week. Additional training from the Seller is available at mutually agreed upon compensation from the Seller to the Buyer.
Facilities
The rent for this eatery is unbelievable. They operate out of 1,000 square feet at a historic location with a rent of $1,000 per month and have a 3-year lease that ends June 1, 2025 and has a 2 year option. The 3 year lease has an escalation clause of $100 per year. There is a 572 square foot front deck, a 256 square foot side deck and an 8x20 storage container. This location is ideal for private events which they have several of.
Market Outlook/Competition
The global vegan food market size was valued at $16.53 billion in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 8.8% from 2023 to 2030. The vegan food market is projected to grow at a significant rate during the forecast period. The growing awareness regarding the health benefits of vegan diet and its increasing adoption across the globe are expected to drive market growth.
CA 02100708
NV 1003039
To get more information about this Historical Cafe - Freshly Renovated, Ample Parking business for sale in please phone Adriana Sargent (Intermediary - BRE License #:02100708) at 408-981-7799 Call and 408-981-7799 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #284708 on BizBen.com. In addition to phoning Adriana Sargent, make sure you email Adriana Sargent above to get more info about this Historical Cafe - Freshly Renovated, Ample Parking, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02100708. Sunbelt Business Brokers of Sacramento.
Contact
Details
Asking Price: $139,000.00
Down: $139,000.00
Cash Flow: $45,000.00
Revenue: $100,000.00
Area:
City: None Given
Attributes:
My Notes About This Listing
Cash flow
N/A
Revenue
N/A
Down
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Posting: 282202 | Available | 4/25/24
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Posting: 282386 | Available | 4/25/24
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Posting: 286054 | Available | 4/22/24
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Posting: 286130 | Available | 4/23/24
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Cash flow
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Posting: 284866 | Available | 4/25/24
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Posting: 285056 | Available | 4/25/24
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Posting: 285309 | Available | 4/24/24
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Revenue
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Posting: 284472 | Available | 4/24/24
This is an exceptional restaurant & banquet facility for sale! This is a full-service banquet facility with ABC Type 47 liquor license & ABC Type 58 for catering. They have a seating capacity of over 360. There is vast parking space for guests and it is easily accessible from major freeways.
Asking Price
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Revenue
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Down
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Posting: 283295 | Available | 4/21/24
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$2,900,000
Cash flow
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Revenue
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Down
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Posting: 285786 | Available | 4/26/24
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Asking Price
$245,000
Cash flow
N/A
Revenue
N/A
Down
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Posting: 285637 | Available | 4/24/24
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Cash flow
$200,524
Revenue
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Down
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Cash flow
$109,000
Revenue
$720,000
Down
$375,000
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Cash flow
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Revenue
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Down
$25,000
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Posting: 276967 | Available | 3/13/24
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Cash flow
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Revenue
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Down
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Posting: 283494 | Available | 4/22/24
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Cash flow
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Revenue
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Down
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Posting: 281654 | Available | 10/30/23
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$1,600,000
Cash flow
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Revenue
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Posting: 281251 | Available | 3/25/24
For sale is a 17-year established restaurant/cafe in SOMA in SF near AT&T park, Cal Train station, and Safeway. seller is averaging $800- $1000 a day in sales from Monday -Friday 5:30 am to 3 pm, closed on weekends. The lease amount is subject to change.
Asking Price
$99,000
Cash flow
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Revenue
$700,000
Down
$260,000
Posting: 284254 | Available | 12/12/23
For sale is a Chinese restaurant famous for seafood with a banquet hall in a historical building. The dine area is 5600 sq. ft. banquet hall 2nd floor by same size. The owner will be the future landlord, the rent is $2 per sf., the sales between $60k-90k depend on the parties & events.
Asking Price
$260,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 283316 | Available | 1/11/24
Discover an exceptional opportunity to own a well-equipped cafe space strategically located in one of San Francisco's most vibrant and active neighborhoods. Situated in a high-traffic area with a constant flow of pedestrians and vehicles, this prime location is bustling seven days a week.
Asking Price
$49,000
Cash flow
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Revenue
$684,000
Down
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Posting: 283436 | In Escrow | 10/18/23
Recently renovated and rebranded neighborhood bar with friendly staff and loyal clientele. This classic bar with paid pool tables, a jukebox, and a plethora of new flat-screen TVs, is turn-key with experienced staff in place. The business is profitable with room to grow.
Asking Price
$549,000
Cash flow
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Revenue
$960,000
Down
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Posting: 285563 | Available | 4/25/24
For sale is a high-quality bar with Hard Liquor 47 and a ramen restaurant that is located in the heart of the town. There is no competition around. It can be extended as a bar or converted into a nightclub or Vietnamese noodles or other concepts of food. The restaurant has a good reputation.
Asking Price
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Cash flow
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Revenue
$680,000
Down
$89,000
Posting: 283376 | Available | 4/6/24
This is an American brunch breakfast restaurant in Gardena for sale. It comes with a beer & wine license. It has spacious parking. It is a fast-food style with fewer servers. Currently, they sell authentic Hawaiian comfort dishes such as omelets, bowls, and more. The store size is 1,708 sq. ft.
Asking Price
$89,000
Cash flow
$192,000
Revenue
$1,080,000
Down
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Posting: 284136 | Available | 3/21/24
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Asking Price
$450,000
Cash flow
$78,000
Revenue
$440,000
Down
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Posting: 282297 | Available | 11/1/23
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Asking Price
$175,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$225,000
Posting: 285886 | Available | 3/28/24
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Asking Price
$225,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285941 | Available | 4/2/24
Virgil Village is just South of Los Feliz and West of Silver Lake. You will find the sweet little pocket of Virgil Village. There is customer parking behind the restaurant. It is located at Santa Monica Blvd and Virgil Ave. on a very busy corner. It is 300 sq ft. The restaurant comes with 4' hood.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283904 | Available | 11/17/23
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Asking Price
$200,000
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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