Century City Juice Bar / Kiosk – High Traffic Area!

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Asking Price:
$20,000

Gross Revenue:
$96,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

This Century City Juice bar operates out of an outlet type of location that is more substantive than kiosk but not a full blown food service venue with any form of plumbing, sinks or a hood. Given the business’s extraordinarily high foot traffic location, the venue is ideal for a juice and smoothing concept, in those instances where pre-prep is completed from an offsite location or central commissary.

About the Business

Year Established:
2017
Real Estate:
Leased
Building Sq. Ft.:
200
Lease Rate/Sq. Ft./Mo.:
$25.83
Facilities:
This quaint 200 square foot location leases for $5,165 per month on a lease until 1/31/2022 with options to be negotiated in the sale. The business’s non-branded furniture, fixtures and equipment (with a 5 level each in refrigerated cooler, a dry goods display shelf and a sales counter) will be included in the sale.
Market Outlook/
Competition:
Due to the extraordinarily high foot traffic location, direct and indirect food service competition exists on all levels. This location will be ideal for a new or established brand that can operate out of an established retail outlet, without the need for any form of onsite food preparation that wishes to quickly establish a major presence or otherwise capitalize on a prestigious location.
Growth & Expansion:
New management may wish to take this high traffic location in any number of directions, taking into consideration its size and the available resources that are available to the establishment. Lease assignment approval will need to be obtained from the highly discerning landlord.
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About the Sale

Reason For Selling:
Personal

Listing Info

ID:
1531598
Ad Detail Views:
321

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