MergerPlace

Unique Restaurant/ Bakery

California (Los Angeles)


  • Asking Price: $749,000
  • Gross Income: $933,002
  • Cash Flow: $246,559
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $195,667
  • Listing ID: #203781
  • Established: 2005
  • Employees: 4 FT/ 10 PT

Business Description

Full-service restaurant and bakery with a license for beer and wine. Established 12 years ago, highly known for their delicious, unique food and their signature pastries made in-house. The restaurant has established itself and has very strong name recognition. Despite being part of an exceedingly competitive industry, this restaurant is doing very well.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: California
County: Los Angeles

Company Information

Year Established: 2005
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4 FT/ 10 PT

Financial Information

Asking Price: $749,000
Gross Revenue: $933,002
Cash Flow: $246,559
FF&E: $195,667
Seller Financing Available: No

Property Information

Facilities:

Located on a busy street in the heart of the San Fernando Valley. Includes beautiful indoor and outdoor seating. The restaurant has all the needed equipment, some which is very unique. The bakery is on the premises and is fully equipped as well.

Growth & expansion opportunities:

The potential to grow could be huge. The owner has too much on his plate and is not able to dedicate any more time. At the same time, the right buyer can enjoy a wealth of knowledge and help from the current owner.

Competition:

This business, the restaurant and bakery, are indeed competitive, seller stands out because of their offering of unique items. They have many followers that love the special menu yet tasty and simple and profitable.

Reason for selling:

The owner has two locations and wishes to sell one to dedicate her time to one location.

Support & Training:

Will train for 4 weeks @ no cost The restaurant is fully equipped, with all equipment used in day-to-day operation included in sale, with the exception of personal items owned by staff. The restaurant has a beer and wine license, all the other licenses needed are regular business licenses from the city and state.

Contact Business Seller

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Business Listed By:

Mark Tzalka

Murphy Business Brokers