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Cafe w/ Property

  • Status: Available
  • Price: $749,000

Houmehr 'Mike' Panoussi

License No:
DRE #01853627
Email:
mike@lbaweb.com
Office:
661-816-1141
Mobile:
661-816-1141
  • Listing No: 6408
  • Status: Available
  • Area: Los Angeles County
  • Price: $749,000

Description

A Corner Lot Location in the Downtown Shopping district of Quartz Hill, a growing and desirable area in the Antelope Valley. The building was originally built as a gas station and has now been retrofitted into a charming and cozy coffee shop with indoor and outdoor seating. Established: 2009. The business maintains a staff of 8-10 people, each on a part-time basis.
Description of Revenue
Beverage Sales (expresso & coffee drinks, tea, smoothies, etc.)
Food Sales (sandwiches, pastries, parfaits, etc.)
Art & Merchandise

Profits Snapshot:
2021 Gross Profits: $276,011
2020 Gross Profits: $235,299
2019 Gross Profits: $270,348
2018 Gross Profits: $266,280
2017 Gross Profits: $291,185

What Business is Know For:

Opened in 2009. Now an established local business with name- recognition and a hub for local get togethers. Creative coffee drink recipes and high quality espresso drinks. A community orientation and personal customer service. Winner of Antelopes Valley’s Best Coffee Shop multiple times. Home to well-attended Arts & Crafts Festivals. Host to other local vendor events.

Business Information

Ownership Type: Sole Proprietorship
Year Established: 2009
Year Purchased:
Business Type: Cafe Shop
License(s) Required: Business
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6408
Date Available: 02/24/2023
Reason For Sale: Other Interest

Financial Information

Annual Total:
Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
Lease Expires:
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NNN:

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

Contact Us

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