Business For Sale

West Hollywood Daytime Cafe with Sidewalk Patio

West Hollywood, CA
Los Angeles County


Asking Price: Annual Revenue:
$195,000 $654,000

Food & Beverage: Coffee, Cafe, Dessert


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RE: West Hollywood Daytime Cafe with Sidewalk Patio Broker: Ryan Clark

Quick Facts

Asking Price: $195,000
Annual Revenue: $654,000
Net Profit: Not Disclosed
Cash Flow: $96,000
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: Not Disclosed
BBN Listing #: 11794929
Broker Reference #: WholCafe

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Business Overview:

This West Hollywood cafe with an electric hood boasts a sidewalk patio with prominent street frontage and excellent visibility. The cafe, which was established in 2012, enjoys a favorable lease rate and is able to thrive as a daytime only operation.




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Property Features and Assets:

This 1,250 square foot café leases for $4,000 per month on a lease that expires in 2018 with one 4 year option until 9/30/2022 to be negotiated. All of the business's furniture, fixtures, equipment and goodwill will be included in the sale. Approximately $5,000 in inventory will be sold at cost at close in addition to purchase price.

Market Competition and Expansion:

While competition in the area exists, this popular venue is a neighborhood based one with heavy walk-traffic from area residents, commuters, staffers and visitors. As such, it does face head to head competition with alternate cafe’s, coffee shops or comparable options outside the immediate vicinity. New management may wish to bolster the catering and delivery business or simply capitalize on the hood and the location’s popularity by extending the operating hours to include evening dinner or late night food, coffee and snack offerings. They may also explore the addition of more kitchen equipment that can capitalize on the electric hood.

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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