Santa Monica Daytime Cafe – Customer Favorite with Dedicated Following
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This well-established Santa Monica area daytime cafe has become a neighborhood institution. The tidy venue, which epitomizes the essence of the beachside lifestyle, manages to produce remarkable revenues and earnings given their abbreviated operating hours. The venue provides its dedicated customer base selection of morning and daytime favorites, including sandwiches, burritos, wraps, salads, specialty coffees and more.
About the Business
- Years in Operation
- 18
- Employees
- 15 Part-time
- Facilities & Assets
- This quaint 800 square foot location leases for $5.5k per month, on a new lease 5 year lease with options to be negotiated in the sale. All of the company’s furniture, fixtures, equipment and goodwill will be included in the sale. An estimated $10k in inventory will sold at cost at close in addition to asking price.
- Market Outlook / Competition
- Despite the competitive environment, the business benefits from an established local customer base that has embraced the proven concept. As a result, they are somewhat insulated from immediate existing neighborhood competition or threats from new industry entrants as their community presence, authenticity, and local vibe embody what attracted their patrons to the coveted area in the first place !
- Opportunities for Growth
- This cafe has several opportunities for growth that new management may explore. To begin, the venue operates an abbreviated daytime and early afternoon schedule. Due to its largely local client base, new management can extend operations into the early evening with an expanded dinner-oriented menu offering. Opportunity also exists to expand the menu to include fresh juices, smoothies, acai and pitaya bowls, or similar items. They may also potentially increase revenues through enhanced digital marketing, social media engagement, delivery and online ordering, catering, and more. Finally, given the brand that has now been established and embraced, new locations may be added in greater Los Angeles and beyond.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,100
- Rent
- $5,500 per month
About the Sale
- Seller Motivation
- Personal
- Transition Support
- Seller will train for 2 weeks at 20hrs per week or as negotiated.
- Financing Options
- May consider a small secured carry to assist with SBA financing
Listing Info
- ID
- 2542522
- Listing Views
Listing ID: 2542522 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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