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

Organic Restaurant & Catering

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $773697
Net Profit / Cash Flow  $103650
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2012
Number of Employees  10 - 19
Inventory  15000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  2 weeks at 20 hours/week
Reason for Sale  Personal

This unique organic restaurant and cafe is located in the San Fernando Valley (west) and includes an offsite catering prep kitchen (no hood). The restaurant prides itself on using locally-sourced organic ingredients and sustainable waste reducing practices and continues to build a following of loyal customers. The cafe offers vegetarian, vegan and gluten free options, as well as several non-vegetarian dishes. The business's catering operation continues to grow and secure prominent placement at many of the regional food festivals as one of the limited, showcased vegetarian vendors. Asking Price $159,000. This 1,300 square foot cafe leases for $3,580 per month on a lease expiring 2/2015 with a three year option. The catering kitchen of approximately 1,000 square feet leases for approximately $1,200 per month on a lease with similar terms. All of the business's furniture, fixtures and equipment will be included in the sale, as well as the name, website, menu, recipes, and catering equipment. Inventory, including food, supplies and retail items, will be sold in addition to the purchase price at cost at close. Competition has increased in the last few years as the organic and vegan concepts have continued to develop larger customer bases, however this business has created a unique niche for itself and captured a market with limited other options. The business has significant growth potential. As the business is still maturing, the customer base continues to grow. A new owner may increase operating hours, expand the dinner menu offering or consider a beer & wine license to increase revenues. Additionally, the catering segment is fairly new and has unlimited growth opportunities. The business also has a retail offering of prepackaged products and merchandise that can be further promoted, especially via online channels not currently utilized.

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