Business For Sale Listing 147161
S. LA County Restaurant- $1 Million Earner
Status as of Dec-1-2008 at 06:01 PM: Active
Business Summary
This bistro style cafe sale presents its buyer one of those rare restaurant opportunities that truly has tremendous growth potential. This concept has been so well thought-out and refined, with all its best practices documented and standardized, and its purchasing, cooking, and serving procedures put in place, that a buyer will have all of the tools necessary to replicate the concept on any scale to which they see fit. This sale comes with all assets paid off, as well as the potential for the Seller to remain committed to assisting the buyer in growing the concept. This café comes with a beer and wine license, as well as a favorable long term lease.
Please note that it is necessary for all prospective buyers to fill out a Non-Disclosure Agreement as well a Buyer Profile not only indicating ability to purchase, but identifying where funding will come from. Requests for specific data without such will not be entertained, nor will responses such as Not Applicable, Bank Loan (without indicating % down), or Investors. This opportunity is not available for co-broker at this time.
The café occupies 2,800 square feet in a high foot-traffic pedestrian area. The facility leases for $11,100 per month on a long term lease expiring in 2011, with two 5 year options. The facility does have a small patio, a gorgeous beer and wine bar, and a small entertainment area for live music.
The facility's unique menu, ambiance, and methods of food preparation and staff training have made the concept impossible to be duplicated by would be competitors.
Management has set this restaurant up in such a manner with detailed books and procedures that it could potentially become a national chain or a franchise operation, or a multi-unit regional chain. As evidenced by its nearly $4.0 million in annual sales out of 2,800 square feet, the concept works and all of the necessary ingredients for continued success in additional locations have been captured.
Categories
Industry
Location
Financials
| Sales: |
Between $2.5 Million And $5 Million (3,770,000) |
| Profits: |
Between $500 Thousand and $1 Million (970,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $2.5 Million and $5 Million (3,000,000) |
