Dual Cafes Downtown Los Angeles – SBA loan Pre-Approved – Breakfast & Lunch - Quick Service Counter Style
RRC#4996
Location: Los Angeles County
Description:
SBA loan fully approved for up to 85% of the purchase price with only $102,000 Down. These two Cafés are named the same and are a set of family-owned Café/Restaurants that offers guests all day Breakfast & Lunch service. Both locations are close to USC and downtown Los Angeles. No further investment is required as both Cafe's are in excellent condition. Modern, clean and buzzing with customers mainly due to the ease of the busy walk up traffic.
This is a great opportunity to acquire two profitable, turn-key restaurants in two ideal locations. Quick and casual diner-cafes that offer guests breakfast and lunch from open to close in a cute local community atmosphere. Established locations near a major college campus and downtown Los Angeles with high visibility and street exposure. Open 7 days a week, both locations are known for their freshly prepared homemade food and exceptional service, which has garnered hundreds of 4- and 5-star reviews. The owner is semi-absentee and has management and all employees in place with full training to the new owner provided. The books and records are clean with computerized operations checks and balances and no surprises.
Equipment includes but not limited to; Walk in Cooler and Freezer, Hoshizaki Ice machine, 6 burner gas & grill, Blue Air salad stations, Deep Fryer, Espresso machines, Vitamix Blenders, Pastry refrigerator, Robot Couple processor, Meat slicer, Kitchen extraction hood and Security Camera systems.
The owner and current management have streamlined the expenses, increased margins and improved the operations, allowing a new buyer to come in and take over a more profitable and high quality operation. Experienced staff with 18 employees and 2 strong managers. The two facilities of approx. 2,200 sq ft and 1,340 sq ft, located in a busy area with busy foot traffic and high visibility next to a major college campus with large business development now underway to drive more breakfast and lunch traffic. These are well-maintained Businesses with fully operational kitchens and ample extra Catering sales generating increased revenue and profits.
Well-qualified management and seasoned operational staff complete all day-to-day operations with limited and mostly absentee owner involvement. The experienced staff, along with the owner’s commitment to providing training and support, will help to ensure a smooth transition to the new buyer. This sale includes comprehensive equipment lists and fully operational kitchens. Turn-key, clean financials, point of sale (POS) systems in place.
To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail. No Broker Co-op.
Financial Information:
Monthly Revenue: $139,359
Monthly Cash Flow: $33,516
Annual Revenue: $1,672,303
Annual Cash Flow: $402,198
General Info:
Ownership: LLC
Established: 2014 & 2018
Employees:18 + 2 Managers
Reason For Sale: Other Interests
Monthly Rent: $10,708 for both Locations
Expiration: 2028 plus 5 Year Lease Options
Facilities:
Square Feet: 2,200 & 1,340 and Patios
Seating: 80
Parking: Street & Parking Structures
Licenses: Business License and Health Permit
Days/Hours of Operation: Daily 7.30am - 3.30pm.