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Marina del Rey Bakery, Cafe & Coffee House w/Beer & Wine Bar & Patio

California, Marina del Rey
Asking Price $125,000.00
Gross Income $1,000,000.00
Cash Flow $1,000,000.00
EBITDA
Furniture, Fixtures & Equipment (FF&E)
Inventory
Real Estate
Year Established
Number of Employees
Type of Real Estate Offered
Business Type
  • Coffee Shop House

  • Cafe Type Eatery
Overview
This Marina del Rey cafe, bakery and coffee house with beer and wine bar and patio is a well established venue that has been a neighborhood favorite for over 15 years! The business boasts a full hood, a walk-in cooler, as well as both a coffee bar and a beer and wine bar, allowing it to cater to several customer segments at once, thus diversifying its risk. As the venue has a somewhat built-in client base, unlike its beach area competitors it is able to maintain a stable revenue base year round. Its occupancy is for 80 patrons, with additional seating available on a large patio that could still be capitalized on (landlord permitting).
Business Details
Location and Facilities: This 2,250 square foot facility with a patio and additional storage leases for $7,975 per month plus $1,150 in CAM on a lease valid until July 2016 with options to negotiated in the sale. The facility s kitchen has a griddle, 6 burner stove, ovens, warmer, and deep fryer, along with salad and food prep tables, a dishwasher, 3 bucket sink, walk-in cooler and manager s office with storage. The space has a good amount additional dry storage available, although it has limited access. The sale includes all of the business s furniture, fixtures and equipmen

Support/Training: 2 wks at 20 hrs/wk

Market Information and Position: New owners will likely seek to further capitalize on each of the myriad of things this multi-faceted venue is doing well, and improve those areas that still have room for improvement which perhaps would include making the most of the beer and wine license and all of the evening entertainment options that could go along with it. These may include offering poetry readings / spoken word, open microphone, jazz nights (if live music is permitted, etc). Of course, given the popularity of beer gardens, coupled with the venue s patio, a new owner may seek to This business is located in a unique geographic location that not only provides it a somewhat built-in client base, but also makes it a convenient destination for others area residents and visitors alike. Competition: Its combination bakery, coffee house, cafe and wine bar offering provide it a diversified revenue stream while allowing it to cater to customer s preferences regardless of the time of day, giving this business a unique flair that inhibits direct competition on many levels.

Reasons for Selling: Personal

Financing:

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