Business For Sale

Cheerful Pasadena Cafe-High Traffic Corner

Not Disclosed, CA
San Bernardino County


Asking Price: Annual Revenue:
$75,000 $1,054,572

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Cheerful Pasadena Cafe-High Traffic Corner Broker: Seller of Business

Quick Facts

Asking Price: $75,000
Annual Revenue: $1,054,572
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 #: 997011533
Broker Reference #: 3026

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Business Overview:

Cheerful Pasadena Cafe-High Traffic Corner $660,000 Sales Open 8am-3pm-New Buildout Outdoor Seating

RRC#: 3026
Asking Price: $75,000
Location: Pasadena, Los Angeles, California
Yearly Revenue: $660,000
Yearly Cash Flow: Contact For Info
Monthly Rent: $8300 Rent, $2100 Triple Net, includes water/trash

LISTING DESCRIPTION:
A neighborhood gem! Newly constructed from the ground up with high ceilings, hand painted murals, lots of natural light. It's bright and cheerful with lots of energy! This is a scratch kitchen/bakery, serving breakfast and lunch daily from 8AM-3PM. Offering gourmet pastries, salads, sandwiches, chicken and burgers plus, gourmet coffee & tea beverages. Located at a busy intersection with indoor and outdoor seating. Sellers built the restaurant from the ground up, spending over $625,000 on the build out. All new electrical, plumbing, grease trap etc. Features all new furniture, fixtures and equipment. Restaurant includes: Micromatic 6 tap system for cold brew coffee, teas and beverages, beautiful pastry service counter, attractive tables, chairs & umbrellas. Beautiful well equipped kitchen includes: 15' Captive Hood, 2-Reach in Refrigerators 54", Counter top Fryer, 2 Convection Ovens, Meat Slicer, Proofing Cabinet, Conveyor Toaster, Sous Vide Machine, Reach in Freezer 24", Sandwich Table 72", Under counter Fridge 72", Tortilla Press, Char-broiler 24", Counter Top Griddle 48", Salamander 36", 6 Burner Range/Oven, Panini Machine, Ice Machine Manitowoc, Turbo Chef Pizza Oven, 5 SS Work Tables, Robot Coupe R2, Under counter fridge, Pasta Maker, 20 QT Mixer, Ice Cream Maker, Dough Sheeter, Espresso Machine, Granite Counter Top, Pro-Line Back Bar (Tap), Wine Tap Kit, Tub Chairs, Folding Side Tables, Sheet Pan Racks, 19 Tables, Custom Wood Window Counters, 32 White Metal Stools , 20 White Metal Chairs, Air Curtain, Metro racks, Low Boy Refrigerator, immersion blender, kitchen aid mixer, hand mixer, coffee brewing equipment, black metal tables, chairs, umbrelllas' with stands and black out door benches. Also includes: Square POS system, security system and 2 ADA bathrooms. There is a lot of potential to grow sales by opening additional hours and adding beer & wine.

GENERAL INFORMATION:
Organization: LLC | Year Established: 2016 | Current Owner: 2017 | Employees: 20 | Seating: 50 inside 34 outside | Square Footage: 2400 | Parking: lot, street | Licenses Required: City Business License, Health Department | Days Open/Hours: 7AM-3PM Daily | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $660,000 |

LEASE INFORMATION:
Monthly Rent: $8300 Rent, $2100 Triple Net, includes water/trash | Lease Expiration: 2022 | Lease Option: 2-5 year options |

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Additional Details:

  • The property is owned.
  • 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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