Cafe & Coffee House With Beer & Wine
Location California,United States
Asking Price Range < $250K
Gross Revenues $1000000
Net Profit / Cash Flow $130000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1997
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training 2 weeks at 20 hours/week.
Reason for Sale Personal.
Description This Marina del Rey cafe, bakery and coffee house with beer and wine bar and patio is a well established venue that has been a neighborhood favorite for over 15 years! The business boasts a full hood, a walk-in cooler, as well as both a coffee bar and a beer and wine bar, allowing it to cater to several customer segments at once, thus diversifying its risk. As the venue has a somewhat built-in client base, unlike its beach area competitors it is able to maintain a stable revenue base year round. Its occupancy is for 80 patrons, with additional seating available on a large.
Asking Price $195,000.
This 2,250 square foot facility with a patio and additional storage leases for $7,975 per month plus $1,150 in CAM on a lease valid until July 2016 with options to negotiated in the sale. The facility's kitchen has a griddle, 6 burner stove, ovens, warmer, and deep fryer, along with salad and food prep tables, a dishwasher, 3 bucket sink, walk-in cooler and manager's office with storage. The space has a good amount of additional dry storage available, although it has limited access. The sale includes all of the business's furniture, fixtures and equipment, as well as its comprehensive website and beer and wine license. The facility has 2 ADA compliant rest rooms.
This business is located in a unique geographic location that not only provides it a somewhat built-in client base, but also makes it a convenient destination area for residents and visitors. Its combination bakery, coffee house, cafe and wine bar offering provide it a diversified revenue stream while allowing it to cater to customer's preferences regardless of the time of day, giving this business a unique flair that inhibits direct competition on many levels.
New owners will likely seek to further capitalize on each of the myriad of things this multi-faceted venue is doing well, and improve those areas that still have room for improvement.
Click Here To Contact Seller
|
|