High Volume Established Beautiful Restaurant at Freeway

La Verne, CA (Los Angeles County)

Seller Financing Available
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Asking Price: $1,495,000

Cash Flow: $480,000

Gross Revenue: $2,160,000

EBITDA: N/A

FF&E: $0

Inventory: $15,000*

Rent: $13,000 per Month

Established: 2014

*not included in asking price.

High Volume Established Beautiful Restaurant at Freeway

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Business Description

Own a piece of Americana with this Majestic freestanding beautiful coffee shop / retro chic style diner close to freeways. Large parking lot & beautiful attached covered patio with TVs, heaters, fans, etc. This high volume restaurant offers a wide selection of breakfasts, lunches, dinners. They even bake their own pastries , pies, etc. The retro decor is very nice & appealing to the eyes, as are the murals on the interior walls, the retro vibe, good food & prices bring the repeat customers that help keep the sales volume high. Semi Absentee run business is the gem in any portfolio. Large kitchen, keeps up with the crowds. You really need to see this place to enjoy the build out. Not for the inexperienced novice, but this high net business is still profitable. Steady regular catering to senior centers help too. Buyers must qualify financially before we release the location.

Attached Documents


Detailed Information

Location:
La Verne, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,500
Lease Expiration:
8/31/2040
Employees:
8 FT 16 PT
Facilities:
Freestanding large restaurant with large parking lot & attached covered patio. (still very busy). 90 inside & 100 outside. Located at freeway ramp, beautiful inside & out. Full Kitchen, this buyer should be experienced.& can take this to the next level
Competition:
only place at the freeway ramp. Close to commercial, residential
Growth & Expansion:
Full time on premises owner can improve sales & efficiency as well as keep costs under control. The attached patio is full all the time & the tents outside provide additional seats as well. Must see this beauty
Financing:
for a qualified buyer
Support & Training:
as needed at close of escrow
Reason for Selling:
other business interests
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(from currently available funds)
 
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Suzie Sales

Business Listed By:
Suzie Sales

UBI Business Brokers

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Ad#:1779590

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