Cafe With Beer, Wine & Patio
Location California,United States
Asking Price Range < $250K
Gross Revenues $360000
Net Profit / Cash Flow $17000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2005
Number of Employees 6 - 9
Inventory 60000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training 2 weeks at 20 hours / week.
Reason for Sale Personal.
Description This modern, upscale Montrose cafe for sale with beer, wine, a back patio and sidewalk seating is ideal for the restaurateur who seeks an ideal location with a faithful client following. This highly attractive space, conveniently located off of the 210 or the 2 Freeways, offers an idyllic patio, a full kitchen, and seating to accommodate over 66 patrons. The facility has a full kitchen including a grill, oven, stove, deep fryers, a walk-in cooler, and a spacious dry storage / manager's office. A new operator would do well to capitalize on the current concept's popularity, while building upon the menu, service offering, and catering opportunities. Asking Price $115,000.
The 2,000 square foot facility leases for $5,750 per month plus $500 per month in common area maintenance expenses on a lease until June 2010, with one five year option. The sale includes all of the businesses assets including a point of sale system, beer and wine license, fully built out bar and seating nearly 70 guests. The facility also has an abundance of parking.
The Greater Montrose, La Crescenta, La Canada, Flintridge Area is ideal for many concepts due to these upscale community's socio-economic demographic base. As such, many entrepreneur's have sought to launch ''throwback'' concepts capitalizing on the area's images of Americana, or village-like attributes. The first class facility's build-out, moderate rent, patios, beer and wine license, and ideal location provide it a distinct competitive advantage over the competition.
A new owner may seek to capitalize on the businesss's beer and wine license by creating an environment that capitalizes on the facility's ideal patio. A new operator may consider the addition of popular fares such as healthy pizzas, gourmet burgers, light middle-eastern entrees, imaginative salads, etc. A new owner will also seek to showcase the businesss's food in local farmer's markets or at events that can be catered.
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