Santa Monica Daytime Cafe– Customer Favorite!

Employees

15

Real Estate

Lease

Leasehold Rent

$125,400 per annum

Management Type

This business is owner operated.

Premises Details

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.

Support & Training

Seller will train for 2 weeks at 20hrs per week or as negotiated

Expansion Potential

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.

Size In Square Feet

3,100

Competition / Market

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 !

Inventory / Stock Value

$10,000

Reason for Selling

Personal