LOS ANGELES, California
| Asking Price |
$215,000 |
Year Established |
2018 |
|
| Annual Revenue |
$871,065 |
Reason for Selling |
Personal |
|
| Annual P/L |
$100,187 |
Attention |
Ryan Clark |
|
| Annual Cash Flow |
$106,206 |
Listing Number |
997681 |
|
| # of Employees |
10 |
Business Category |
Food & Beverage: Coffee, Cafe, Dessert |
|
Business Overview:
This 2-location coffee brand boasts two Wilshire Boulevard area locations, each with a kitchen and hood. Both locations cater to those in the same high-rise buildings, as well as to visitors, residents, and walk-traffic. This brand with a heart demonstrates the owner’s passion for quality brews, great food, and for being good human beings. Beyond serving expertly crafted coffee and tea, it also offers fresh pastries, seasonal drinks, and branded merchandise that extends the experience beyond the cafe.
Property Features and Assets:
<p>The Beverly Hills location boasts 2,400 square feet and leases for $3,900 per month on a lease until 10/31/27 with options to be determined. The Beverly Hills adjacent location is 1,200 square feet and leases for $1,850 per month including common area maintenance expense on a lease until March 31, 2030, with one 5-year option. All of the business’s furniture, fixtures, equipment and goodwill will be included in the sale.</p><p> </p>
Market Competition and Expansion:
<p>Surrounded by a mix of trendy and established cafes, both locations compete by blending quality brews with their welcoming atmospheres and a mission that goes beyond the cup. Each location’s convenience, coupled with their dog-friendly patios, hearty breakfast options, and a unique community focus – contribute to their identity. Their combination of thoughtful coffee culture, comfortable work and gathering spaces, and a purpose-driven commitment to a cause that everyone can support provide the brand a distinct point of differentiation in both competitive markets.</p><p> </p><p>New owners will want to capitalize on each location’s established customer base, attractive lease rates, and fully equipped kitchens with plenty of production and cold storage space. New operators can add the locations to an existing chain, use the kitchens as commissaries for additional retail outlets, or capitalized on the hoods for expanded catering opportunities.</p><p> </p><p> </p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity