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Businesses For Sale   >>   Restaurants and Fast Food (Non-Franchise) Businesses For Sale

Confectionary, Coffee & Pastry Cafe

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $211000
Net Profit / Cash Flow  $83500
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2003
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  2 weeks at 20 hours/week
Reason for Sale  Relocation

Description  
This Los Angeles Area Confections, Coffee and Pastry business boasts an unparalleled European charm in one of the city's most sought after communities for such a concept. This well established business has been in its extraordinarily high traffic, high visibility location for over 10 years, however, its owners seek to return to the old country. The venue does not have a hood, nor is one required as all of their gourmet products are delivered ready-made. Its loyal clients enjoy the business's indulgent offerings with fresh pastries, their favorite coffee or cappuccino, and other complementary offerings. Asking Price $169,000. This 1,500 square foot facility (approx.) plus patio will lease for a $2,900 per month on a new long term lease with a tenant friendly landlord. The sale includes all of the business's furniture, fixtures, and equipment including its $4,000 Espresso machine and additional specialty food making equipment and coveted old world recipes. Due to the unique nature of this venue, competition exists on several levels but none is on part with each of this firm's multifaceted offerings. Few competitors could match the quality of chocolates that this company boasts. While bakeries or the neighborhood Starbucks can service pastries and specialty coffees, they cannot create the truly European atmosphere this venue provides. Finally, few if any competing firms can offer its patrons so many quality options in one setting - putting this business into a category with few others. As this business's unique and coveted products make ideal gift items, new management can grow the business via local and national internet sales (especially during the peak holiday seasons - Christmas, Valentine's Day, Easter and Mother's Day), they could wholesale their products to smaller retailers, or they could focus on gift basket partnerships with business who wish to show their favored clients how special they are.


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