Breakfast & Lunch cafe, Full Bar, Large Patio

Asking Price$875,000

Cash Flow
$300,000

EBITDA$300,000

Gross Revenue$2,300,000

Inventory$20,000
Not included in asking price
FF&ENot Disclosed

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Breakfast & Lunch cafe, Full Bar, Large Patio


Asking Price$875,000

Cash Flow
$300,000

EBITDA$300,000

Gross Revenue$2,300,000

Inventory$20,000
Not included in asking price
FF&ENot Disclosed

Business Description
Established for over a decade in the heart of Hollywood is this classic American diner serving innovative and exciting dishes which has become a staple in the community. The menu is upscale American classic comfort food with a heavy focus on Brunch and Vegan dishes. There are seasonal specialty dishes for all holidays throughout the year with a focus and support for fresh and local ingredients.

The menu ranges from pancakes, waffles, and eggs to burgers, salads, and sandwiches. The drinks include coffee, a wide range of espresso-based coffee drinks, fresh juices, and cocktails such as Bloody Mary, White Russian, Old Fashioned, and many more American classic cocktails using the freshest juices and mixes and premium liquor.

This restaurant has been featured on Food Network’s “The Best Thing I Ever Ate, as well as LA Travel Guide and CW Network’s “Foodbites”.

LEASE BUILDING INFO.
Monthly Rent: $18K Square ft: 3766
Expiration: 2035 Patron capacity: 111
Options: Buyer to qualify Patio: Yes 1265 SF
Deposit: Buyer to qualify . Hours of Operation: 7 to 3 p.m.

OPERATIONS FINANCIALS
Years established: 2008
Monthly sales: $195K
No. of employees: 30
Monthly cash flow: $25k+
Monthly payroll: $74K
Annual Sales: $2m+
Absentee run: Yes
Annual Revenue: $300k+ (approx.)



Buyer must have proof of funds of $350k+ to qualify and disclose more information
$500k creative financing available, subject to the buyer's qualification
About the Business
Years in Operation
17
Number of Employees
30
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,700
Rent
Not Disclosed
Lease Expiration
1/1/2035
About the Sale
Seller Motivation
Other ventures to manage
Transition Support
Full training at close of escrow
Listing Info
ID
2247407
Listing Views
1112

Contact Seller

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Business Listed by: Admin PacficRB Pacific Restaurant Brokers

Listing ID: 2247407 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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