Tupelo Data Room
Coffee Shops & Cafes, Delis & Sandwich Shops, Italian Restaurants, Miscellaneous Restaurant & Bars
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Charming Santa Monica Cafe/Bakery Coffee Shop-Sandwich Shop

Santa Monica, Los Angeles County, California, United States
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Asking Price$69k
Revenue-
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Description
This is an all cash sale through escrow and priced to sell QUICKLY! Fill out the contact form to the right of this listing on BizBuySell and you'll automatically be sent an NDA to e-sign. Send proof of funds and we will share location and other details. DO NOT APPROACH THE EMPLOYEES WHO ARE NOT AWARE OF THE SALE. Looking for a turnkey cafe in a prime Santa Monica location? Look no further! This established cafe is known for its relaxed atmosphere, delicious Jewish/Italian-inspired sandwiches and exceptional Italian-style espresso drinks. Menu Highlights: Signature challah bread sandwiches Variety of pastries, salads, and other cafe favorites Vegan, gluten-free, and low-carb options available Business Highlights: Has been a cafe space for 10 years, Owner has had it for 3 years Prime Santa Monica location Loyal customer base Fully equipped cold kitchen with bakery oven - hood can not be installed Turnkey operation 3 parking spaces -included in the rent but creates additional income at $150 each - you could charge $200 each Indoor and outdoor seating Details: Annual sales 2023- $188,172.92 - reported from POS systems and does not include cash or Ubereats receipts open for breakfast and lunch only but could be open later Growth rate YOY 20% from 2022 to 2023 and 2024 expected to be higher Utilities - +-$630/month Rent - $3,078/month Other income - lease includes the use of 3 reserved parking spaces that brings income of $450 month, this could be $600 going forward Don't miss out on this amazing opportunity to own your own cafe in one of the most desirable neighborhoods in Los Angeles. Contact us today for more information! ---->If you are seeing this listing on a different platform, you can find the contact form here for the NDA: https://www.bizbuysell.com/Business-Opportunity/charming-santa-monica-cafe-bakery-coffee-shop-sandwich-shop/2263403/ For more information or to schedule a viewing, please contact Broker by filling out the contact form to the right of this listing. The system will send you an emailed response: SIGN NDA for your e-signature. PLEASE BE SURE TO REPORT ON WHETHER YOU HAVE ALL AVAILABLE FUNDS TO MAKE AN OFFER OR IF YOU STILL NEED TO SEEK FINANCING. CASH THROUGH ESCROW INQUIRIES WILL BE PRIORITIZED. No details will be released until funding has been discussed. Disclaimer: All information provided is deemed reliable, but is not guaranteed and should be independently verified. DRE #01963614
Real Estate
Rent is $3,078 per month
Building Size: 500 sq. ft.
Business is
Absentee Owner
Number of EmployeesFull-Time: 1Part-Time: 1
Year Established
2021
Reason Selling
Absentee owner is moving.
Facilities & Assets
The equipment is lovingly worn and sold in as-is condition. Location is central to hospitals, schools and car dealerships. Walking distance to the metro train station and a few blocks away from the entrance of the freeway.
Support & Training
2 weeks 20 hours per week. The staff may want to stay. Please do not approach the staff with questions about this sale or you will be disqualified. Please direct all question to broker via email.
Financing Options
Buyer should make their highest and best offer, paying cash through escrow.
Asking Price$69k