Price Reduced to not less than $150,000 for this quaint European style Dessert and Pastry Café Franchise located in Santa Monica in Los Angeles County! SBA loan pre-approved for this long established known cafe featuring a 700 sq ft counter service on a corner location with patio seating. Located in the premier shopping area with an eclectic mix of 150+ distinctive & upscale shops, restaurants and cafes along one elegant walkable tree-lined street. High Foot Traffic location less than a mile away from the Ocean with ample street parking & customer parking behind building. The building is next door to houses with a median price of approximately $5million. Offerings include delightful flavors and colors of the many dessert items with outstanding Coffee and Gelato. A simple, clean and easy operation with full training from the owners and the Franchisor and room to grow the business by adding lunch sandwiches which are currently in demand but not offered. Cost of Goods 28%, Labor cost 15% with a high net income with growing revenues and consistent earnings with employees in place. Franchise Royalties only 6.5%. The owners are Semi-Absentee and enjoy the freedom of this simple operation with No Chef's, Bar tenders or Servers.
If you've dreamed of owning a successful European-style quality pastry/café but have no interest in the long hours spent behind the scenes in the kitchen, this is the ideal franchise opportunity for you!
To receive more information and discuss this opportunity with the broker along with the broker's connections for a long-term SBA loan solution please complete the 'Non-Disclosure Agreement' on our website and we'll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We'll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.
- Current Owner2016
- Reason For SaleOther Interests
- Square Feet700 + 300 Patio
- ParkingStreet and Local Lot
- LicensesHealth, Business & Franchise Agreement
- Open Hours9am - 6pm Daily
- Rent$8,186 Including NNN
- Yearly IncreaseContact for Info
- Monthly Revenue$42,300
- Monthly Cash Flow$8,670
- Annual Revenue$508,000
- Annual Cash Flow$104,036
- Down PaymentContact For Info
- Note BalanceContact 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.