Business Details

Cafe of freeway ramp, Free Standing Building

Location : Los Angeles County

Type of Business : Freestanding High Volume, High-Profit Cafe at freeway ramp

Asking Price : $1495000 Plus Inventory, Approximately $5,000
Inventory : $15,000

Summary of Business

Majestic freestanding beautiful coffee shop / retro-chic diner close to freeways. Large parking lot & beautiful attached covered patio with TVs, heaters, fans, etc. This high volume restaurant offers a wide selection of breakfasts, lunches, dinners. They even bake their own pastries, pies, etc. The retro decor is very nice & appealing to the eyes, as are the murals on the interior walls, the retro vibe, good food & prices bring the repeat customers that help keep the sales volume high. Semi-Absentee run business is the gem in any portfolio. Large kitchen keeps up with the crowds. You really need to see this place to enjoy the build-out. Not for the inexperienced novice, but this high net business is still profitable. Steady regular catering to senior centers help too. Room to increase sales & profit here with a full-time owner or manager. MUST SEE TO APPRECIATE THIS BEAUTY.

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Other Details

No Data Available.

Income

Gross Yearly Sales: $$ 180,000 / mo. average
Adjusted Yearly Net Profit: $$ 40,000 / mo. average

Rent

Total Rent: $$ 13000 / mo
NNN: $$ 2200 / mo.
Length of Lease: new 10 year lease
Options: 0
Sq. Ft: 3500
Occupancy: 90 inside, 100 outside.

Employees

Number of Employees: N/A
Full time: 8
Part time: 16
Hours of Operation: 7 am – 8 pm. 7 days Hours Worked by Owner: N/A Payroll: $ $ 48,600 / mo. (27%)

Expenses

Insurance: $ $ 1550 / mo & $1323 /mo for W.C. per year
Gas: $ $ 1147
Electric: $ $ 2671
Water: $ $ 774
Phone: $ $ 396 bundled with internet & TV
Trash: $ N/A
Internet and TV: ABOVE
Cost of Goods: $ N/A
Any other expenses: $ N/A

Additional Details


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