Unsaved Changes
You have unsaved changes, are you sure you want to leave this page?
Studio City, Los Angeles County, California
Asking Price
$195,000
Revenue
$293,352
Down
$195,000
Cash Flow
$88,402
Name: Ryan Clark
Phone: Show phone number
Name
Ryan Clark
Phone
Show phone number
Posting ID:
292213
Attributes:
Absentee Run
Broker Cooperation
Existing Franchise
For Sale By Owner
Recommended Businesses
Los Angeles, California
Wholesale Bakery - Brand Retailer, Acclaimed
$ 1,550,000
CF : $ 313,058
This acclaimed wholesale bakery with a retail component is a category leader when it comes to the accolades and media attention bestowed upon it. The wholesale side of the business generates nearly $3M in annual revenues, while the retail side contributes nearly $1M in revenues. The celebrated brand is known for its innovative creations. The wholesale operation supplies nearly 85 coffee shops and cafes as well as prestigious retail chains in Los Angeles and Orange County. It has implemented nationwide shipping for the customer favorites that lend themselves to being frozen. This 6k square foot production facility is available for purchase for $2.775 ml, or a 2-year lease will be offered at $11k/month (gross – with options to be discussed) to assist a buyer through a transition period if they do not have an existing facility and will not purchase this one. The premise has multiple walk-in coolers, a freezer, mixers, large hood, convection and stand-up baking ovens, management offices, storage and a conference room. The 1k square foot retail location leases for nearly $4k/month on a lease until 2025. It is in one of Los Angeles’s most coveted areas. Competition exists on several levels in each of the bakery's product categories. The categories include pastries, cakes, pies, cookies and more. We are hard-pressed to name any competitors with as celebrated a name or that have received the level of accolades, publicity, or media attention that this brand enjoys. New management may choose to grow the burgeoning brand in any number of ways. They may wish to bolster their retail presence in key locations that may be serviced from a central commissary, or they may choose to set up regional commissaries or bake onsite. Alternatively, the celebrated brand may go the retail route to be showcased in grocery or specialty stores, or they can continue to expand their wholesale presence in coffee shops and cafes. Product extensions are also possible and plenty of runway remains to continue to grow with their existing line by penetrating deeper into the existing market or expanding into larger with a larger geographic footprint into adjacent regional markets or beyond.
Long Beach, California
Bar And Restaurant
$ 999,000
CF : $ 320,000
This Long Beach bar and restaurant boasts an ideal outdoor patio with an unmatched view, plenty of onsite parking, dance and live entertainment all at a highly attractive lease rate. The venue, which has continuously operated since the mid-1970s, is comprised of several rooms that allow management to host several events or partition off the bar or restaurant space as customer demand merits. The spacious kitchen has a comprehensive line that includes convection ovens, pizza ovens as well as a large griddle, grill, stove, deep fryer, two ice machines, a long food preparation line and a walk-in cooler and freezer. This 9,300 square foot facility with an outdoor patio leases for $13,000 per month on a lease until 2023 with one 10 year option. All of the business's furniture, fixtures, equipment, goodwill, Type 47 Liquor License, and any applicable dance and entertainment permits will be included in the sale. Approximately $10,000 in liquor inventory will be sold at cost at close in addition to purchase price. While competition exists for dining, drinking and entertainment venues, few competitors occupy the type of space or possess the attractive lease rate that this one does. Fewer still have the spacious onsite parking availability or the type of unique location with the stellar views this one has. New operators may choose to maintain the existing concept or they may capitalize on the attractive lease rate, location, liquor license and entertainment offerings to launch any number of new concepts. The facility has the space to simultaneously host 100+ guest banquets or special events during regular business operations, which provides the new owner the ability to diversify the income stream.
Online / Remote
AI Hybrid Cloud & Content Mngt. w/Breakthrough Technology
$ 15,000,000
AI Hybrid Cloud & Content Mngt. w/Breakthrough Technology SUMMARY This first of its kind platform unifies every cloud or local storage into one simple dashboard, making files instantly accessible and shareable directly from the desktop. There’s no other SaaS platform that turns any and all storage into a utility while replacing many products with one powerful feature-rich solution. This dynamic SaaS platform blends unmatched API-driven connectivity, native AI and enterprise features that are made affordable for every cloud storage user. It seamlessly unites any data storage -public, private or on-premise, and empowers enterprises, SMBs and freelancers to conquer data chaos while driving down storage and workflow costs. Users gain instant access to 60+ storage providers, orchestrated by AI, direclty from from the desktop. This consolidation eliminates the need for an array of tools and frees users from costly storage systems. This SaaS’s powerful features include blazing fast file transfers, global real-time sync, drag and drop migrations between storage providers, AI Search and much more. The opportunities to service the entire hybrid cloud storage landscape are endless. This is a prime acquisition opportuniuty for hyperscalers, storage companies, data management platforms or IT titans. COMPETITION The founder believes the platform is undoubtedly the most flexible and powerful agnostic storage technology in a segment where the dominant competitor raised over $100M and posts $40M-$50M in revenues. With the most complex part of the technology built, the company is poised to be launched at scale, or or coupled with a complementary technology in an adjacent space to leverage a competitive advantage to an existing software solution. With 4 years in production as an OEM migration solution, the platform has moved over 50 petabytes of data for over 7.5k businesses, failure-free. The platform now offers free API-driven migrations, moving up to 100 terabytes per day, allowing customers to take advantage of the its software defined storage that offers a suite of features versus competitors’ simple endpoint. GROWTH OPPORTUNITIES Strategically and uniquely positioned at the intersection of several major market trends - AI, Hybrid Cloud, Data Management. Platform directly addresses the critical need for seamless data access and management in both common and complex hybrid cloud settings. Crafted with a fully API-driven modular core, it seamlessly integrates with any tool or cloud, delivering unrivaled flexibility & scalability. Effortlessly handles explosive data growth, empowering any size business to conquer complexity and optimize hybrid cloud workflows with a single solution (unlike any solution in the $150B+ data management arena). Its universal connectivity layer enablies organizations to fully leverage their storage investments without the typical friction and silos. Poised to capitalize on the exponential growth of data volumes, as it creates data mobility, faciltates collaboration, and minimizes costs.
Orange County, California
CBD Company - Creams, Gels, Liquids, Capsules
$ 290,000
CF : $ 98,107
This 10 year old cannabidiol (CBD) company specializes in cream, gel, liquid and capsule health care products. The chemist and engineer driven company formulates its own products in its laboratory and then produces them offsite. Its product line includes trademarked names and is comprised of over 30 skus. The 2 largest drug store chains have carried the product however management preferred not to continue to pursue sales via such outlets. Of the firm's $350,000 in sales only $50,000 are derived from wholesale orders via brokers and distributors. This enterprise operates from an efficient 1,850 square foot facility that leases for $3,000 per month on a short-term lease. As the operation is not reliant on the location it may be moved, though a dramatic relocation may be impactful on staff. Staff includes a manager, an assistant manager and a receptionist each who work 30 hours per week. The owner provides a facility their proprietary concentrate for production. They prefer to not patent products but control their proprietary formulas. This industry appears to be dominated by 4 companies, all of which private label for many brands without their own capability or capacity. This firm also white labels its product, but with a meaningful point of differentiation. Over the past decade the company has perfected their process to provide customers superior benefits. Significant opportunity exists for the company to dramatically scale up production of its customer-embraced products. New management may use enhanced sales and marketing to bolster the exiting direct to consumer sales channels, explore establishing any number of new B2C channels or they may once again delve into wholesaling to big box retailers. The opportunity also exists to capitalize on their formulation process and private label for other brands or even to outsource their own production to focus on sales, marketing, distribution and product development.
Beverly Hills, California
Restaurant With Beer, Wine, Sidewalk Seating
$ 649,000
CF : $ 244,781
This celebrated Beverly Hills area restaurant with beer, wine and sidewalk seating has established a strong reputation for its award winning European cuisine. The venue boasts fantastic street visibility in a highly popular shopping district and employment center (not in the Golden Triangle area) and has a coveted lease at what's deemed to be well below market rate (< $4 psf). The facility has a full kitchen with a convection oven, a 6 burner stove/oven combination, a table top stove, grill, griddle and deep fryer. It has a 3 bucket sink and dishwashing unit as well as a large walk-in cooler. This restaurant leases for $4,700 per month plus $470 in triple net (NNN) expenses on a tremendous lease that does not expire until December 2021 with three 5 year options. All of the business's furniture, fixtures, equipment and Type 41 Beer & Wine License will be included in the sale. Approximately $75,000 in wine inventory will be sold at cost at close in addition to purchase price. While competition exists, this is a well-established and quite well known venue. As such, it has created a name for itself and developed a loyal following that includes some of Hollywood's best known personalities that would be impossible for an industry entrant to replicate. While new management may wish to promote the venue, they will likely want to operate the restaurant in the traditional way that has proven to be successful over time! They may also wish to further capitalize on the premise's extensive 350 label wine list. This is an SBA Candidate and there is already a $250k assumable SBA in place that may be assumable based on buyer qualifications Training: 2 Weeks at 20 hrs/wk
Norwalk, California
Restaurant And Bar - Live Entertainment
$ 599,000
This Norwalk adjacent bar and restaurant with live entertainment and sidewalk seating boasts a loyal following due to its unique concept that helps to promote a stable patronage base, its live music and special event entertainment calendar, craft beer offering, and chef-driven menu offerings. This 3,500 square foot leases for an attractive $3,900 per month on a secure lease until 4/2024 with options to be negotiated in the sale. All of the business's furniture, fixtures, equipment, and liquor license as well as a live entertainment permit will be included in the sale. An estimated $5k - $10k in inventory will be sold at cost at close in addition to the purchase price. While bars, restaurants, and live music venues exist in the popular entertainment district that is in Norwalk's adjacent city, few occupy as prominent of high foot and drive-by traffic locations and fewer still enjoy such a reasonable lease rate for such high-profile venues with similar entitlements. As such, this versatile business, which can thrive with any number of concepts, maintains a built-in long-term advantage over competitors. This business may benefit from a seasoned onsite management team with restaurant, entertainment, or general hospitality industry experience. The versatile layout may be readily adapted to any number of similar or entirely different concepts that can capitalize on this venue's attractive overhead structure, liquor, and live entertainment entitlements.
Long Beach, California
Bar - Dance And Entertainment
$ 275,000
CF : $ 122,262
This Long Beach area bar caters to a diverse community with a host of near-nightly events that include karaoke, shows, and dancing. The venue boasts a stellar location with excellent visibility, parking, an outdoor patio and dance, and the coveted entertainment, dance, and cabaret entitlements, amongst others. Though the business is not required to serve food, it does possess the ability to provide some basic food options and a variety of snacks to help keep patrons fueled through the night. The 6,700 square foot venue (plus patio) leases for $9,776 per month including triple net (NNN) expenses and parking, on a lease until 2028 with one 5-year option. All the business’s furniture, fixture, equipment, goodwill, Type 48 Liquor License and additional associated licenses and permits will be included in the sale. The billiards tables, juke box and video games are not owned, however are on an attractive revenue share. ATM machine receives $1 per transaction. Approximately $5,000 in inventory will be sold at cost at close in addition to purchase price. While the greater Long Beach area hosts a variety of bars catering to a similar client base, few have the type of comprehensive offering that this venue possesses. As a result of their ultra-convenient location with excellent freeway access, the variety of offerings they provide between several distinct and superbly appointed areas, and the breath of their entitlements, this business is a significant and sustainable long-term advantage over competitors that is difficult to compete with or replicate. This multi-faceted operation may benefit from a full-time working owner-operator with hospitality experience to help in the development of events and promotions and to maintain top-notch customer service while minimizing potential waste and wage expenses.
Los Angeles, California
Hancock Park Area Restaurant w/Sidewalk Seating – High Visibility Corner Location w/Liquor!
$ 395,000
CF : $ 12,000
This Hancock Park area restaurant with sidewalk seating boasts a high visibility location with a liquor license, and onsite parking. The restaurant offers a cozy, inviting atmosphere in a highly accessible location in an affluent area. The venue is surrounded by a residential neighborhood, which draws steady foot traffic throughout the week. This 1,206 square foot venue leases for $11.4k per month on a lease until 2027 with two 5-year options. The location sublets 700 square feet of its space for $4k/month. While its name and menu will not be included, all of its furniture, fixtures, equipment and Type 47 Liquor License will be included. An estimated $5k in beer, wine and liquor inventory will be sold at cost at close, in addition to purchase price. While other establishments may rely heavily on brand recognition or fast-casual concepts, this restaurant stands out with its authentic Italian offerings and warm, sit-down atmosphere. Its prime location—nestled within a busy retail plaza with strong anchor tenants and ample parking—gives it an edge by capturing both destination diners and spontaneous foot traffic from nearby shoppers and residents. New operators may choose to capitalize on this high visibility corner location to launch any number of concepts. The venue’s location, liquor license and onsite parking lot provide a strong foundation, while its flexible layout, and kitchen equipped with 2 stoves, an oven, grill, griddle and deep fryers, provide management a variety of options when taking the location forward.
Recommended Blogs
How To Buy A Business
Tips On Buying A Beauty Supply Shop
Deal And Escrow Issues
Selling A California Small Business? This Checklist Will Determine Your Success
How To Sell A Business
How To Determine Whether The Buyer For Your Business For Sale Is Sincere
Buying A Business
5 Tips To Help You Sell Your Deli
Buying A Business
3 Things To Consider Before You Buy Bar Establishments
How To Sell A Business
Selling A Gas Station Successfully: Tips For Gas Station Sellers
How To Sell A Business
Selling A Business Online - Common Mistakes To Avoid
How To Buy A Business
Buying A Pharmacy: What You Need to Know Before You Buy
Buying A Business
Buying A Liquor Store - 3 Questions To Consider Before You Purchase
Buying A Business
Allocation Of The Purchase Price When Selling A California Small Business
Deal And Escrow Issues
Structuring Owner Carry Notes When Selling A Business
Buying A Business
What Are Some Tips On Buying An Existing Bakery Small Business?
Deal And Escrow Issues
Life (or Death) Of An Orange County Restaurant Deal
Buying A Business
How to Buy a Yogurt Business - Three Guidelines
Buying A Business
Buy Smoke Shops With An Earnings Stream: Answers To Buyers Questions
Buying A Business
How To Buy Gas Station Businesses: Top Five Risks For Buyers
Business Valuation Issues
Interpreting Reported Earnings From Sellers
Buying A Business
Moneymaking Convenient Stores For Sale - Finding The Best Location
Business For Sale Statistics
The Coin Laundry Business Grows Up
Business Broker Information
Should Owners Hire Agents To Sell Business Listings?