Asset Sale- This cafe is located at a busy intersection near: LAX, residential downtown El Segundo and the beach area. Serving pizza, panini's, appetizers and pasta in a convenient commercial center with good visibility. Current owner does not offer delivery so there is a lot of potential to grow sales with addition of delivery, marketing, Grub Hub etc. This cafe offers seating for 14 inside and 4 outside. Good reviews. Equipment includeds: Peerless pizza oven, Lincoln conveyer pizza oven, 8 ft. refrigerated prep station with 3 door fridge, 8 ft hood, ice maker, Traulsen 3 door fridge, pizza roller, 6 ft stainless work table, 3 ft work table, Imperial grill with 2 burner stove top/oven, Delfield double door under counter fridge, M3 freezer, Turbo Air under counter freezer, 2 TV's, 2 Speakers with music system, microwave, table top fryer, food warmer. NO CHINESE, JAPANESE OR THAI FOOD. Does not have a beer and wine license. Seller does not have financials to offer. Asset Sale.

General Info

  • OrganizationContact For Info
  • Established1998
  • Current Owner2014
  • Employees3
  • Reason For SaleOther Interests

Facilities

  • Seating18
  • Square Feet800
  • ParkingLot
  • LicensesBusiness license, health permit
  • Open HoursDaily 11:00am-8:00pm

Lease

  • Rent$2500 + 500 triple net
  • Expiration2023
  • Yearly IncreaseContact For Info
  • Option3 year option
  • DepositYes

Financials

  • Monthly Revenue$18,000
  • Monthly Cash Flow$3,700
  • Annual Revenue$216,000
  • Annual Cash Flow$44,000
  • PayrollContact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location