Ultra Trendy, Eclectic Coffee House

Location: California, United States
Category: Food and Beverage
Type: Established

Financials

Asking Price: $135,000
Cash flow: $52,708
Revenue: Not Disclosed
Gross Income: $285,000
Inventory: $2,000 - Included in the Asking Price
FF&E $20,000 - Included in the Asking Price
Real Estate: Not Disclosed

Business Details

Words cannot capture the magical atmosphere inside this well known hip coffee house in one of the most desired areas of Los Angeles. This 7 year old Cafe is ideal for a working owner or for a non-working owner who seeks a stable, turn-key smoothly run Cafe. Currently operated absentee and fully staffed with generous wages, it is ideal for a working owner which will reduce payroll expenses and increase profitability. With 2006 gross revenue of $285,000 and a true absentee net profit of $52,708, this business offers great flexibility to any potential owner.

Facilities:
This 1,200 Square foot location comes with a fully equipped kitchen area and its own private office all for a monthly rent of $2,100 per month. It has a great sidewalk patio which allows its customers a pleasant indoor/outdoor flow. On Wednesday evenings, this low-key Eastside swaps its daytime downtime atmosphere for a more dynamic vibe with live jazz performances by local talent. Seated on vintage couches and diner-style vinyl chairs, locals lunch on sandwiches while reading books and tooling on their laptops.

Financing:
not offered

Support:
2 weeks 20 hours

Competition:
There are a few local competitors; however with it s built in customer base and local reputation, this business enjoys an extremely stable revenue stream. It is definitely the place to go in this wonderful diverse neighborhood.

Growth:
This cafe has ideal growth potential for an owner with market prowess, brand building capability, and a passion for the industry. With nearby complementary businesses and a high growth community the potential is largely untapped. Also, a new owner may seek to expand the use of the location for private parties and special events.

General Information

Reason Selling: Other Businesses

Number of Employees: 7
Year Established: 2000