Asking Price: $ 1,495,000 OR OFFER
Type of Business: Freestanding High Volume, High-Profit Cafe at freeway ramp
Location: Los Angeles County
Hours of Operation: 7 am – 8 pm. 7 days
Gross Sales: $ 180,000 / mo. average
Adjusted Net Profit: $ 40,000 / mo. average
Total Rent: $ 13000 / mo
NNN: $ 2200 / mo.
Length of Lease: new 10 year lease
Options: 10 years
Sq. Ft. 3500
Occupancy: 90 inside, 100 outside.
Number of Employees:
Full time: 8 Part-time: 16
Payroll: $ 48,600 / mo. (27%)
Insurance: $ 1550 / mo & $1323 /mo for W.C.
Gas: $ 1147
Electric: $ 2671
Water: $ 774
Phone: $ 396 bundled with internet & TV
Internet and TV: ABOVE
Cost of goods: N/A
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.