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

Profitable Owner Absentee Cafe

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $360000
Net Profit / Cash Flow  $65000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2012
Number of Employees  6 - 9
Inventory  FF&E = $75,000; INV = $7,000.
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Leased
Training  4 weeks at 10 hours per week
Reason for Sale  Other interests

Description  
Well established, 100% Absentee owner, prime Studio City location. Prime Studio City location on Ventura Blvd. - profitable, well established and turnkey. Absentee owner, healthy fast food (Mediterranean) cafe with a sidewalk patio. The seating capacity is for 70+ people. Open for lunch and dinner only. Lots of take-outs and deliveries. This 1,000 SQ FT cafe is nicely decorated - the build-up cost was $125K in 2012. It has a full kitchen, large hood, grill, 2 freezers, commercial stove with 6 burners and much more. In 2013, their first year of operation, they produced $360K+, with a net cash flow of over $65K. 2014 should be an even better year. They have 6 part-time employees and are open 7 days a week from 11:00 AM - 10:00 PM Sun - Wed; 11:00 AM - 11:00 PM Thur - Sat. This cafe has good upside potential to increase their revenue by adding a hookah bar to their services and have a ''hands-on'' owner/operator. Based on their customer's reviews, YELP.com has awarded them a ''5-Star'' rating! This is a great business opportunity for owner/operator or a family-run business. AND IT IS A MUST SEE! For more information, please contact Alexander Neyman at (213) 706-7166 or email him.


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