993 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$300,000
Revenue$3,741,987 Established1951
Cash Flow$437,923 EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Over 60 Years In Business! Landmark Family Coffee Shop & Bar-$3,700,000 Annual Sales-full Liquor

RRC#: 3799
Price Reduced: Offered At $300,000
Location: Los Angeles County
Annual Revenue: $3,741,987
Annual Cash Flow: $437,923
Monthly Rent: $18,080.91 triple net $4,350.66

Listing Description:
Rare opportunity to own a profitable institution, in service since 1951! A prized restaurant, coffee shop and bar serving classic American fare, breakfast, international dishes, cocktails & dessert. With strong community support and long-term employees. This is an open, airy restaurant with a long dining counter, two separate dining rooms, separate bar with dining area & outdoor seating. Offering table, booth and banquette seating throughout. Outdoor Covid sales have averaged between $130,000-$148,000 a month with outdoor dining alone. There is a huge opportunity to grow sales by adding an online presence and To-Go business that has not been previously offered. Plus, the shopping center has new, strong national tenants moving in.

Includes: walk in cooler, walk in freezer, grease interceptor, security system, POS system with 7 stations, 2 beverage stations, dishwashing line, storage area, dry storage room, 2 sets of bathrooms plus private office.

Extensive equipment includes: 2 hooded cook lines, one 10 ft. one 25 ft. 3 double fryers, 2-six burner stove tops with ovens, 1- 4 burner stove top, 3 holding cabinets, 2 stacking ovens, broiler, 8 door stacking freezer, floor mixer, double ice machine, 2 pressure cookers, 6 ft steam table, 2-4 ft grills, 8 chef’s drawers, char broiler, 4 ft salamander, warming lamp, meat grinder, 4 door undercounter fridge, 3 waffle irons, 2 microwaves, 6 ft cold prep station, 2 warming drawers, dessert case, ice cream freezer, 2 conveyer toasters, juice machine, blender, coffee & tea equipment, 10 door undercounter fridge, wait station with 5 warming drawers, 4 soup warmers. Plus, bar equipment and 9 TV’s.

General Information:
Established: 1951
Current Owner: 2017
Employees: Currently 10
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $311,832 -Covid Monthly Sales $136,000-$148,000+
Monthly Cash Flow: $36,493
Annual Revenue: $3,741,987
Annual Cash Flow: $437,923
Payroll: Contact For Info
Facilities:Square Feet: 6000 Seating: 280 Hours: Daily 7AM - 8PM Parking: Large Lot
Sale Reason:Other Interests
Ad #121551
Seller Reference #3799
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Steven D. Zimmerman, CBI, M&AMI, CBB, FIBBA
Restaurant Realty Company
888-995-9701
Name
Email Address
Message