5 Day Cafe, Great Lease Low Rent

Los Angeles, CA
Los Angeles County


Asking Price: Annual Revenue:
$125,000 $194,400

Food & Beverage: Coffee, Cafe, Dessert


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RE: 5 Day Cafe, Great Lease Low Rent Broker: Jerry Diza

Quick Facts

Asking Price: $125,000
Annual Revenue: $194,400
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 610957972
Broker Reference #: 19031HP

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Business Overview:

DESCRIPTION: 5 day cafe located in an upscale nice professional office building catering to all the office patrons and surrounding foot traffic. Easy operation with low labor and great rent! Only open 7am to 5pm daily with major holidays off.

DEMOGRAPHICS: Per City-Data website, this city has: Estimated median income of approximately $125,000 in 2016 Median price of a detached home: $1,200,000 with median rents at $2,452 in 2016

CURRENT MANAGEMENT & LABOR: The owner runs the show with minor help to run this easy operation.

FINANCIAL SUMMARY:
Sales averaging $16,200 monthly and climbing.
Rent at: 24%($3,800)
COG at: 33%($5,300)
Payroll at: 0%
Misc at: 8%($1,300)
Earnings at: 35%($5,672)

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Property Features and Assets:

EQUIPMENT: Back of house: Prep tables, reach-in refrigerators. Front of house: Register, Dining chairs and tables, reach-ins, fountain soda machine. FACILITIES & OPERATIONS: 5 day cafe located in an upscale professional office building. Owner-run operation with some help (low labor) that only opens 7am to 5pm daily with major holidays off.

Market Competition and Expansion:

MARKETING OPPORTUNITIES: 3rd party delivery and catering options should be implemented to increase top line sales. Already has the main foot traffic of being the only office cafe in the unit. Currently no advertising exists which brings an opportunity for the next operator. Also a major name professional tenant will be moving into the office spaces soon which will increase foot traffic even more.

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.

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