Playa Vista Area Better for Your Food Concept!

Playa Vista, CA
Los Angeles County


Asking Price: Annual Revenue:
$95,000 $619,577

Food & Beverage: Miscellaneous


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RE: Playa Vista Area Better for Your Food Concept! Broker: Seller of Business

Quick Facts

Asking Price: $95,000
Annual Revenue: $619,577
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 19
BBN Listing #: 18364929
Broker Reference #: CopaPlay

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Business Overview:

This Playa Vista / El Segundo Area better for you food concept provides a loyal customer base a variety of healthy and feel good breakfast, lunch and snack items, a variety of specialized smoothies as well as hot and cold beverages. The concept has a solid catering component as well as expansion potential on several fronts.

Training: 2 Weeks at 20 hours/week.

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Property Features and Assets:

This 1,439 square foot facility will lease for $5,756 per plus $1,800 in triple net (NNN) expense on a 5 year lease that expires 1/31/22, with one 5 year option. All of the business’s furniture, fixtures, equipment and goodwill will be included. $5,000 in inventory will be sold at cost at close in addition to purchase price.

Market Competition and Expansion:

While competition for various food items exists in the area, this venue has carved out its own niche with its unique healthy and feel good dessert, snack and increasing popular meal items. New operators may wish to expand this proven menu and model by opening in a number of well-suited and relatively easy to convert locations that require basic food preparation permitting but not a hood. Alternately, the concept lends itself to catering which may be expanded. In addition to new bricks and mortar locations or an even stronger catering operation, the concept can be adapted to operation out of kiosks that have a fridge and freezer component, stands or alongside established but still complementary food service venues that have existing facilities but excess capacity. In addition, the concept may lend itself to licensing or it may be deemed to have future franchising potential.

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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