Business Details

Cafe in affluent area

Location : Orange County

Type of Business : restaurant - no liquor

Asking Price: $289,000
Inventory: $10,000

Gross Sales: $599,592

Summary of Business

Nice, contemporary cafe with a French influence in affluent East Santa Ana area in a multi story apartment complex. Surrounded by hi rise offices, hi rise hotels, hi rise apartments, nice residential units, close to freeway & airport. Seller does very little advertising, 5 stars on yelp. nice easy menu, to keep the same concept or bring your own. Full kitchen, lots of homemade items. Beautiful patio facing the street. Only open since November, but owner is terminal & must sell, and sales are increasing monthly, There is a HUGE market in my opinion to increase local catering substantially. Great location for an owner operator. very nice area & spot. Must see to appreciate.

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Other Details

Reason for Sale: Medical reasons

Income

Gross Yearly Sales: $599,592
Adjusted Yearly Net Profit: $102,000

Rent

Total Rent: $5500 all in
NNN: $included in rent
Length of Lease: Length of Lease: 5 Options: 5 years
Options: 0
Sq. Ft: 2,800
Occupancy: IN: 26 OUT: 50

Employees

Number of Employees: 8
Full time: 3
Part time: 5
Hours of Operation: 8 AM - 3 Pm Sun - Th. 8 AM - 9 PM Fri - Sat. Payroll: $20,000 / mo

Expenses

Insurance: $660 per year
Gas: $included in CAM
Electric: $included in CAM
Water: $included in CAM
Trash: $included in CAM
Internet and TV: $included in CAM

Additional Details


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