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Los Angeles County, California
Asking Price
$199,000
Revenue
$171,000
Down
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Cash Flow
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Name: Jason Atty
Phone: Show phone number
Name
Jason Atty
Phone
Show phone number
Posting ID:
288994
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Manhattan Beach, California
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CF : $ 48,000
If you are searching for the perfect location to open your first restaurant, or just want to open another location for your highly successful restaurant concept, then look no further! This restaurant is located in a highly-desirable, upscale retail center, in one of the most affluent communities in Los Angeles County! Established in 1996 as a Mexican food franchise, the owner believes that it can be easily converted to another concept. The 1,323 square foot restaurant seats 30 inside and 30 outside, and is operated by 2 full-time and 8 part-time employees. Many of the customers are from the adjacent movie theater and mall, as well as from the nearby office buildings and affluent residential community. The owner is selling because he recently bought out his partner, and he lives too far from the restaurant. This opportunity won't last! Make an offer now! Owner is motivated!!
Orange County, California
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This Commercial Custom Framer Has Been Serving The Framing Needs Of Artists, Photographers, Art Galleries, And The Interior Design Trade In Southern California Since 1986! It Specializes In Conservation-Quality Framing Of Fine Art Originals, Animation Cells, Photographs, Textiles, 3-Dimensional Objects D’art, Mirrors, Prints And Posters. There Are Many Opportunities To Grow The Business, Such As Bringing In More Artwork (Poster Catalogs And Original Art) To Sell To Interior Designers, As Well As Selling More Accessory Items (Decorative Mirrors, Picture Frames, Etc) Made Out The Leftover Frames And Glass. And, As The Owner Has Not Been Very Aggressive On Marketing, A Savvy Buyer Could Easily Increase Sales With A Concentrated Marketing Campaign. Approximately 24,000 In Inventory Is Not Included In The Sales Price But Is Available At An Additional Cost. The Owner Is Selling Because She Would Like To Have A Career Change.
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The semi-absentee owner manages the operations - schedules and organizes purchases, pays invoices, etc., but semi absentee owner does NOT bake/cook in the bakery. The bakery is run by long time employees (some employees are working with this seller as long as 16 years, some 12 years, etc). The infrastructure is in place to add your experience, your products. The purchase price of this asset sale includes the FFE, the farmers' markets spaces, the leasehold improvements, the goodwill (wholesale business), the recipes, the infrastructure meaning the long-term experienced staff members running the current bakery and operations (all staff members want to stay after the change of ownership), $3,000 of food inventory supplies at cost, the van used to go to the farmers markets and used for deliveries, all the transferable permits, the name of the business, and much more. Tremendous opportunity for an experienced owner operator who can bring this bakery to the next level of growth, such as: add your line of products to the current line, open the coffee shop with regular and longer hours, add online deliveries (Postmates, Grubhub, Uber, etc) to this upscale & trendy neighborhood, create/develop social media (none at the moment), add products to the line at the coffee shop, also to the wholesale accounts and to the Farmers' Markets offerings. Increase the number of wholesale accounts and/or increase the amount of farmers' markets, etc. Fantastic location. Trendy, very walkable with cute shops, small restaurants, cool bars, parks. Mar Vista is at the heart of Venice/Silicon Beach (NE), vibrant Santa Monica (SW) & urban Culver City (SE). Demographics are young professionals median age of 35, safe and family oriented area, Millennials (spenders!) , Silicon Beach is less than 2 miles away, Kaiser hospital and medical offices less than 0.4 mi, 150 high-end apartments/condos with luxury amenities in construction 2 short blocks away, and new mixed used center being built next block, and dance studio that brings people all day long next door. Location very well positioned in current gentrification of Mar Vista. Many City developments. Call agent for details.
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