Pasadena Cafe with Customer Embraced Concept!

Pasadena, CA
Los Angeles County


Asking Price: Annual Revenue:
$110,000 $597,912

Food & Beverage: Coffee, Cafe, Dessert


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RE: Pasadena Cafe with Customer Embraced Concept! Broker: Ryan Clark

Quick Facts

Asking Price: $110,000
Annual Revenue: $597,912
Net Profit: Not Disclosed
Cash Flow: $124,928
Total Debt: Not Disclosed
FF&E: $6,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 13
BBN Listing #: 4344929
Broker Reference #: VTShimCafe2

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Business Overview:

This highly popular Pasadena cafe and coffee house with a large onsite parking lot is located on a major throughway. The venue combines a rustic exterior with a warm atmosphere, a friendly and efficient service and excellent food and entertainment offerings. The space boasts beautiful wrap around patios that create a tranquil setting for breakfast, lunch, dinner any other kind of gathering. In addition, the lease includes two free standing structures that may be utilized in several different ways – as they are currently only provide additional storage capacity. This cafe and coffee house allows local artists to regularly hold exhibits. It also offers patrons free wireless access that creates congenial atmosphere that caters to the students and faculty of several educational institutions. The business’s outstanding revenues are a testament to its fantastic location, thoughtful management, great food and service.

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Property Features and Assets:

This 7,000 square foot cafe (without a hood) leases for $6,014 per month on a lease that expires in 11/2020 with one 5 year option. All of the business's furniture, fixtures and equipment will be included in the sale. The venue has an onsite parking lot that can accommodate approximately 20 autos. This business uses Clover point of sale software.

Market Competition and Expansion:

While competition exists on various levels, this concept’s prime location, unique service offering, and somewhat built-in client base provide it a long term sustainable competitive advantage that is difficult to compete with. New operators may wish to explore the expansion of the food service offering, as they are currently focused on a few offerings they do well. They may include evaluating the addition of a Type II Electric hood, or alternate food preparation equipment. They may also wish to capitalize on the additional space that is included in the lease, but that is not being fully utilized, to further benefit from their popularity.

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.

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