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Asking Price:	$85,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Coffee, Cafe, Dessert
Reason for Selling:	Personal
Year Established:	1990
# of Employees:	4 part time
Yearly Revenues:	$179,000

Business for Sale Overview:

Words cannot capture the comfortable atmosphere inside this well known hip cafe in Greater Silverlake / Los Feliz - one of the most desired areas of Los Angeles. Whether you are looking for a spot for a coffee and a bit of relaxation or a hearty meal, a sit-down experience or food to take-away, many locals make this the café of choice. This 15 plus year old Café is ideal for a working owner or for a non-working owner who seeks a stable, turn-key quaint and smoothly run business. Currently operated semi-absentee and fully staffed with generous wages, it is ideal for a working owner which will reduce payroll expenses and increase profitability. This business offers great flexibility to any potential owner.

Property Features and Assets:

This 1,000 square feet location comes with a fully equipped kitchen, plenty of storage, and excellent major thoroughfare street frontage all for a monthly rent of $2,500 per month. It has an extremely complementary neighbors directly adjacent as well as brand new loft apartments nearby, which are just about to be completed. The café has a great sidewalk patio that allows its customers a pleasant indoor/outdoor flow. Seated on retro style booth seats and chairs, locals dine on breakfast and lunch, smoothies and coffees in this quaint café. This is truly a great place to meet a friend for a quick bite or for customers to come tool around with their laptops (enjoying the free Wi-Fi access).

Market Competition and Expansion:

There are a few local competitor however, with it’s built in customer base and local reputation, this business enjoys an extremely stable revenue stream. It is definitely a place to visit in this wonderful and diverse neighborhood. This café has ideal growth potential for an owner with marketing prowess, brand building capability, and a passion for the coffee, smoothie and snack / food industry. With nearby complementary businesses and a high growth community this quaint restaurant’s potential is largely untapped. A new owner may also seek to expand the use of the location for private parties and special events.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.