Cafe - ABC 47 - Active Evening Beer & Wine Sales

Sherman Oaks, CA
Los Angeles County


Asking Price: Annual Revenue:
$749,000 $1,444,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Cafe - ABC 47 - Active Evening Beer & Wine Sales Broker: Agent On Duty
License #: 01995716

Quick Facts

Asking Price: $749,000
Annual Revenue: $1,444,000
Net Profit: Not Disclosed
Cash Flow: $240,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1999
Employees: 42
BBN Listing #: 761255232
Broker Reference #: 4509 JH

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Business Overview:

Cafe restaurant for sale with active evening crowds. Good Beer & Wine Sales.

Open 7 days. 11am - 1:30 am.

Current owner in business for 10 years.

3,500 square feet with Lease of 5 years plus 5 years option.

Monthly sales average is around $120,000.

Monthly Net Income $20,000; Payroll $40,000 monthly average.

Part time owner manages the business with 2 full time and 40 part time employees.

Has Full Kitchen

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Reason for Selling:

Partnership.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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