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Businesses For Sale   >>   Long Beach Businesses For Sale   

Bistro - Breakfast / Lunch

Location  Long Beach, California, United States
Asking Price Range  < $250K
Gross Revenues  $338368
Net Profit / Cash Flow  $70264
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2011
Number of Employees  6 - 9
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  40 Hours Training
Reason for Sale  Sellers Health Related

Description  
This amazing Cafe features one of the best breakfasts and lunches you will find anywhere, and the Yelp reviews will proudly confirm. This is truly a one of a kind Bistro style Cafe features a 1,600 sq ft 50 seat patio that provides a fabulous atmosphere combined with the great food that is all made from scratch. There is also a beer & wine license included which is another great asset to the business. Currently the Cafe is only open from 8:00 am-2:00 pm but the sales still average close to $1,000 per day with the short hours. The sales are based on $164k through 6 months and annualized but could be much higher since the holiday season is really strong. The adjusted net was $71k in 2012 but projected 60k+ in 2012 since the labor is higher with one of the owners not working. The owners have created a real turn key business and are only selling due to health related issues. If your dream has been to own a great neighborhood bistro/cafe then this is the ticket. Asking Price: $99,000 Inventory: $2,000 (not included) Update: The SALES in 2013 were 15% ahead of 2012 and net income was $70,624 and payroll was $25k higher due to one of the owners health elated issues. Sales to date in January are 27% ahead of last year to date.  The landlord will also consider selling the property with the business. Please inquire within


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