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Daytime Cafe In West Hollywood For Sale

West Hollywood, California - South
Asking Price:
$195,000 (USD) Furniture / Fixtures included
Sales Revenue:
$654,000 (USD)
Cash Flow:
$96,000 (USD)

This West Hollywood cafe with an electric hood boasts a sidewalk patio with prominent street frontage and excellent visibility. The cafe, which was established in 2012, enjoys a favorable lease rate and is able to thrive as a daytime only operation.

This 1,250 square foot café leases for $4,000 per month on a lease that expires in 2018 with one 4 year option until 9/30/2022 to be negotiated. All of the business's furniture, fixtures, equipment and goodwill will be included in the sale. Approximately $5,000 in inventory will be sold at cost at close in addition to purchase price.

Property information

Real Estate:

Lease

Business Operation

Expansion Potential:

New management may wish to bolster the catering and delivery business or simply capitalize on the hood and the location’s popularity by extending the operating hours to include evening dinner or late night food, coffee and snack offerings. They may also explore the addition of more kitchen equipment that can capitalize on the electric hood.

Competition / Market:

While competition in the area exists, this popular venue is a neighborhood based one with heavy walk-traffic from area residents, commuters, staffers and visitors. As such, it does face head to head competition with alternate cafe’s, coffee shops or comparable options outside the immediate vicinity.

Reasons for selling:

Personal

Years established:
2012

Other Information

Support & training:

2 Weeks at 20 hrs/wk

Furniture / Fixtures value:
$20,000 (USD) - included in the asking price
Inventory / Stock value:
$5,000 (USD)

Contact Information

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