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Marina del Rey Area Cafe, Restaurant & Lounge w/Liquor & Stellar Patio

California, Marina del Rey
Asking Price $950,000.00
Gross Income $1,974,984.00
Cash Flow $1,974,984.00
EBITDA
Furniture, Fixtures & Equipment (FF&E)
Inventory
Real Estate
Year Established
Number of Employees
Type of Real Estate Offered
Business Type
  • RESTAURANTS

  • Cafe Type Eatery
Overview
This well appointed Marina del Rey area Restaurant and Bar in a somewhat protected location offers its patrons what should be one of the most coveted types of outdoor patios in the area, with an ambiance that transports its patrons to typical French or Italian style gardens. The venue, which cost $1.2 ml to build out, had no expense spared and the owner s positioned it to be able to capture multiple lines of business equally well daytime coffee house and pastry / breakfast cafe, evening fine dining destination and nighttime indoor / outdoor Mediterranean style bar and lounge.
Business Details
Location and Facilities: This 2,660 square foot restaurant and lounge with an additional 1,500 square foot patio leases for a favorable $10,000 out of the door, on a lease that has another 13 years remaining with its options (until 2016). The kitchen was built-out with a chef s preferred layout and equipment in mind, and a floor plan that allows for multiple lines of business to simultaneously take place without interruption or efficient food and beverage flow whether inside or on this venue s ultra-relaxing 1,500 square foot patio with views. All of the facility s furniture,

Support/Training: 2 wks at 20 hrs/wk

Market Information and Position: Given the diversity of this restaurant offering, and continued development in the immediate area that is already underway which should continue to bolster traffic to this venue, a buyer can take it in any number of directions. They may choose to expand the daytime service and offer bakery products while supplementing the morning coffee and breakfast business, they can capitalize on the bar and patios to turn it into a chic late night venue, or they can use the spacious kitchen to offer event catering from as well. Competition: Given this unique location, this vers This location is in a unique area so its direct market is considered to be somewhat protected. As such, while competition may exist on some levels (e.g. for morning coffee and pastries), there is no immediate direct competition for this venue s comprehensive full-service offering or overall variety of day and evening options.

Reasons for Selling: Personal

Financing:

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