17 Mar French Bakery/Cafe – With Beer & Wine License
$330,000
French Bakery/Cafe with Beer&Wine license. Popular prime location in West LA close to the beach.
Currently working very short hours and closed for evenings because of owner's busy schedule. Increase hours for the evening since the area is busier in the evenings.
The business also has a parklet and can serve outside.
New equipment: Turbo oven, 2-door beverage ref, 2x2-door freezer, 3-door refrigerator, espresso machine, ice maker, etc.
Good rent includes an extra spacious storage area, which is $250/m. and can be canceled if the tenant does not need extra space.
Down Payment: $330,000
Total Sales: $336,000
Cash Flow: $128,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $100,000
FFE Included: Yes
Inventory: $10,000
Inventory Included: Yes
Year Established: 2018
Days & Hours of Operation: Mon: Closed / Tue: 8am-3pm / Wed - Fri: 7:30am-3pm / Sat: 8am-3pm / Sun: 8am-2pm
Owner Hours Per Week: Full Time
Non-Owner Payroll: N/A
Employees: 2
Absentee Owner: No
Lease Option: NNN 3/5 Year Options
Real Estate: N/A
Real Estate Included: No
Monthly Rent: $4,000
Square Footage: 689
Reason For Sale:
Relocation
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