Popular Two Location Cafe Restaurants In Upscale Parts Of Los Angeles SC2157

Los Angeles, CA Los Angeles County

Asking Price: $1,150,000

Annual Revenue: $600,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Popular Two Location Cafe Restaurants In Upscale Parts Of Los Angeles SC2157
Contact: Brett Sargent

Quick Facts

	Asking Price:	$1,150,000
	Annual Revenue:	$600,000
	Net Profit:	Not Disclosed
	Cash Flow:	Not Disclosed
	Total Debt:	Not Disclosed
	FF&E:	$1,250,000
	Real Estate:	Not Disclosed
	Year Established:	2012
	Employees:	2
	BBN Listing #:	SB-54215
	Broker Reference #:	SACRACA002-54215

Email or Print Listing

Business Overview:

This California based two location Café business is in prominent areas of Southern California and was started 11 years ago with one location. The other location is practically brand new, starting just over one year ago. Specializing in European fare crepes, sandwiches, salads, and pastries. Their freshly squeezed juices, natural smoothies and organic coffee drinks are homemade, and each location offers varieties of menu options. They also have gluten free options too. The locations of the cafés are strategically placed and in high end locations in Southern California. Every year, this business is growing, and the newer location has tremendous growth opportunity as it becomes more established in the community. This company has relied strictly on word of mouth and passerby traffic to increase sales. They have not done any advertising and marketing for the last 3 years. This is a tremendous growth opportunity for someone to start advertising, marketing, using social media presence, engaging with the media to focus on the amazing story these café’s offer. In addition, a new owner may choose to open even more locations, driving further growth and brand recognition.

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Property Features and Assets:

They currently operate out of 2 different locations, each with a different footprint. One location is 505 square feet with rent of $7,500 total and a 5-year lease with a 5-year option. The second location is 390 square feet with rent of $11,500 total and a 5-year lease with a 5-year option.

Market Competition and Expansion:

These 2 cafe's are truly unique based on the European fare they serve as well as their ideal location. Essentially, they are recession resistant due to the affluent community that is their customer base.CA 02100708NV 1003039

Reason for Selling:

The reason for selling is that the Sellers are moving back to Europe.

Additional Details:

The property is Leased.
This is not homebased business opportunity.
This is not a franchise resale opportunity

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