Printer



Active

Popular High Volume Cafe-Outstanding Location w/Outdoor Dining-Beer & Wine


One of LA & and Hollywood’s most popular breakfast, brunch & lunch cafes with a beer & wine license, indoor/outdoor dining, and a desirable lease. This highly acclaimed, high volume, casual, counter service café, offers stellar reviews and has been serving breakfast and brunch specialties, artisan sandwiches, specialty salads, a variety of mimosas and refreshments, plus coffees and teas since 2012. The cafe boasts an inviting, hip decor and interior which is reflected in their clientele. Located on a premier corner on a prominent Blvd. in the heart of the city, with high foot traffic and good visibility. The restaurant accommodates 45 guests inside, 12 on the sidewalk, and 28 with street-side seating, for a total of 85 guests.

They open Monday-Friday from 10 am to 4 pm and from 9 am to 3 pm on Saturdays and Sundays. They recently added dinner service Wednesday -Saturday from 3 pm to 8 pm. There is potential to grow sales by opening earlier for breakfast and later for dinner and or late-night bites and beverages if desired. The owner has leveraged social media platforms and online food delivery services for increased revenue with exceptionally complimentary reviews. The owner currently works 3 hours a day due to their superior staff of 20 employees that successfully operate the business.

The lease is up for renewal, and we will assist the buyer in obtaining a new, favorable lease. The current rent is $7,350 plus $1,100 in triple net charges.

Some equipment includes: Hood, 3-door freezer, 6 burner range with oven, 3- 2 door under-counter refrigerated workstations, double convection oven, fryer, 3-large prep tables, 2 small work tables, Manitowoc ice maker, 8 storage racks, 3-speed racks with casters, waffle maker, panini press, pancake griddle, double expresso machine, coffee grinder, reverse osmosis filtration system, worktable, 4 tap kegerator, Toast POSsystem, printer, cash drawer, 4 clover flex (handheld devices, 3 kitchen POSdisplays, beverage display fridge, 2 x Sonos speakers, camera system with DVR, phone system, color printer, dining tables, bistro chairs, outdoor chairs, tables, 5park benches, outdoor umbrellas, pots & pans, utensils, flatware, dinnerware and glassware.


You don't want to miss this very special restaurant! Listed for $495,000.



Listed By: Teri Craft

Background information

Reference:

hollywoodcafe

Year established:

2012

Reason selling:

Other Interests

Finance

Sales:

$1,687,239

Profits:

$184,571

Profit type:

Net Income

Operations

Employees:

20 employees

Furniture fixtures and equipment:

Hood, 3-door freezer, 6 burner range with oven, 3- 2 door under-counter refrigerated workstations, double convection oven, fryer, 3-large prep tables, 2 small work tables, Manitowoc ice maker, 8 storage racks, 3-speed racks with casters, waffle maker, panini press, pancake griddle, double expresso machine, coffee grinder, reverse osmosis filtration system, worktable, 4 tap kegerator, Toast POSsystem, printer, cash drawer, 4 clover flex (handheld devices, 3 kitchen POSdisplays, beverage display fridge, 2 x Sonos speakers, camera system with DVR, phone system, color printer, dining tables, bistro chairs, outdoor chairs, tables, 5park benches, outdoor umbrellas, pots & pans, utensils, flatware, dinnerware and glassware.

Premises

Square footage:

1800

Rent and lease terms:

The current rent is $7,350 plus, $1,100 triple net charges.

Location:

Superior area and corner location on a major blvd in LA/Hollywood with high traffic and great visibility.

Opportunities

Growth:

Ability to operate longer hours if desired to increase revenue and income!

Market:

They have a strong market presence with online social media, reviews and media accolades.

Price and terms

Price:

$495,000

Training:

Training is available