Business Overview:
This West Hollywood cafe has those qualities that many new or experienced restaurateurs seek in a new opportunity. It is a simple, feel good concept that is already branded and can easily be scaled to new locations, it has high margins and does not require significant training or equipment and it is being offered at an attractive price that provides a timely return on investment.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
This prominently located 1,000 square feet facility with a coveted patio and parking lot leases for $5,250 per month on a lease until December of 2014, with two 5 year options to renew. The facility, which can accommodate up to 38 patrons inside and out, is handicap accessible and offers fantastic street visibility and walk-up traffic convenience. All of the business’s furniture, fixtures, equipment and goodwill are fully owned and included in the sale. The landlord, however, would be open to a tenant adding a hood or making the restroom ADA compliant. The facility already has 2 venting systems in place to facility an hood installation.
Market Competition and Expansion:
As the Santa Monica Boulevard corridor of West Hollywood is a coveted area, there are a number of competing restaurants. This cafe, however, which caters to both a daytime and evening crowd, has carved out a market niche that differentiates it from other offerings.
Though the simple concept does not require a hood for food preparation, the menu can be easily expanded to include other foods that can be prepared without a hood – Panini or deli sandwiches, gelato or yogurt, dessert goods, pre-baked artisan pizzas, etc. Of course, new owners may seek to capitalize on this proven business model and its brand by opening new locations. Additional profits may also be realized from the presence of a sales oriented on site working owner, the implementation of delivery service or by heavily marketing event catering which has already proven successful.
Reason for Selling:
Personal
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.