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Santa Monica, Los Angeles County, California
Santa Monica Daytime Cafe – Customer Favorite with Dedicated Following!
Asking Price
$825,000
Revenue
$1,413,728
Down
$825,000
Cash Flow
$256,078
Description
Despite the competitive environment, the business benefits from an established local customer base that has embraced the proven concept. As a result, they are somewhat insulated from immediate existing neighborhood competition or threats from new industry entrants as their community presence, authenticity, and local vibe embody what attracted their patrons to the coveted area in the first place !
This cafe has several opportunities for growth that new management may explore. To begin, the venue operates an abbreviated daytime and early afternoon schedule. Due to its largely local client base, new management can extend operations into the early evening with an expanded dinner-oriented menu offering. Opportunity also exists to expand the menu to include fresh juices, smoothies, acai and pitaya bowls, or similar items. They may also potentially increase revenues through enhanced digital marketing, social media engagement, delivery and online ordering, catering, and more. Finally, given the brand that has now been established and embraced, new locations may be added in greater Los Angeles and beyond.
Business Details
Year Established:
2008
Employees:
15
FE&E:
30000
Reason for sale:
Personal
Support & Training:
Seller will train for 20hrs per week or as negotiated.
Property Information
Size in Square Feet:
3,100 sqft
Premises Details:
This quaint 800 square foot location leases for $5.5k per month, on a new lease 5 year lease with options to be negotiated in the sale. All of the company’s furniture, fixtures, equipment and goodwill will be included in the sale. An estimated $10k in inventory will sold at cost at close in addition to asking price.
Lease & Tenant Information
Lease Options:
$5,500
Posting Information
Posting ID:
5397307
Business Category:
Restaurants & Food
Business Types:
Cafe, Cafeteria
Coffee Shop & Tea Shop
Sandwich, Subs, Deli Shop
Attributes:
For Sale By Owner
Training And Support
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Santa Monica Daytime Cafe – Customer Favorite with Dedicated Following!
Posting ID
#5397307
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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