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Restaurant, Café, Bakery and Market

  • Status: Pending
  • Price: $285,000

Matthew Mejasich

License No:
DRE #02070217
Email:
matthew@lbaweb.com
Office:
925-932-2450
Mobile:
925-932-2450
  • Listing No: 4086
  • Status: Pending
  • Area: Los Angeles
  • Price: $285,000

Description

Café/Bakery 

Net Income $100,000

Fantastic Location in a beautiful City in Suburb of Los Angeles, not far from the water. This 2,245sqft. Café / Bakery offers plenty of eating both indoor and outdoor with the ability to seat 52 x inside and 24 x outside.  The Café is open for Breakfast and Luncheon 7 x days a week from (9.00am-7.00pm)This is a family Business that currently have 8 x Full Time and 4 x Part Time employees. Kitchen has all new appliances with the oldest appliances being 2 x years old.  Currently the Bakery side provides all the Muffins, Scones, Vegan Doughnuts and Cookies for their daily use, they are Vegan and Gluten Free. Their Assorted Breads, Pies and other products are Dairy Free and they use Homemade Coconut Based Butter and Raw Sugar.

Seller claims The Gross Annual Sale is $566,000 and Net Income of$100.000 a year. Rent is $5,612.00 a month. Lease expires 2023 with 1 x 5 Years option.

They have Beer/Wine License that is not being used, high end market shelves that are not being used, appliances to expand the variety of food they offer that are not being used. The business has a tone of unused potential that can easily be taken advantage of with the right Management. this business has limitless potential!

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Café & Bakery
License(s) Required: Business, Health, ABC
Hours of Operation: 9.00am-7.00pm/ 7 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4086
Date Available: 02/05/2022
Reason For Sale: Other Interest

Financial Information

Annual Total:
566,000
Revenue:
Annual Net Income:
100,000
Inventory:
18,600
Monthly Payroll:
29,000/m

Lease Information

Base Rent:
5,612/m
Lease Expires:
2023
Lease Option:
1 x 5 years option
NNN:

Financing Information

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

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