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Business For Sale

5 Day Cafe In Medical Building, Convenience Store

West Covina, CA

Food & Beverage: Coffee, Cafe, Dessert

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$49,000
$75,528
$24,000
$24,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1995
1
626427574
Owner Financing is Available!
If the price and deal structure is right.

Business Overview:

Current negotiations with landlord could result in a leasehold at $1,000 per month, making this an attractive low-risk acquisition. Final rent and lease to be executed prior to bill of sale and payment, with resultant terms to be negotiated and the purchase price may be discounted if this rent cannot be secured in order to facilitate the transaction for both Buyer and Seller. This business desperately needs a watchful owner operator who can spend the time and energy and marketing dollars to recapture the previous performance history of the unique cafe. Used to do 600 dollars per day gross in its heyday, however husband and wife team have opportunity costs at other businesses that preclude them from playing an active role in the day to day operations and this is not a business that can sustain a high payroll. Location is 100 percent turnkey and ready for a new steward, ideal acquisition for similar husband/wife or any other kind of family run business. NDA(Non-Disclosure Agreement) is required for exact business address and to schedule an appointment to visit the premises.

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:

Facilities: Located in a medical plaza with a high occupancy rate. Closest convenience and food/beverage location to the surrounding high density residential community as well. Support/Training: 1 week, 40 hours per week.

Market Competition and Expansion:

Competition: Only cafe in building and can serve surrounding community as well. Growth/Expansion: Menu items work as-is, just needs a watchful owner operator, current ownership is 100% absentee and sales have gone down.

Reason for Selling:

Other business interests.

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.