Absentee owner, established turnkey cafe, coffee, espresso drive thru

Simi Valley, CA
Asking Price:$395,000
Gross Revenue:$658,000
Rent:$5,010/Month
FF&E:$190,000
Cash Flow:$125,000
Inventory:$14,000
EBITDA:$145,000
Established Year:2021
BUSINESS DESCRIPTION

Simi Valley, Ventura County CA

This is a fantastic opportunity to own a Breakfast & lunch café bakery with a drive through, we are known to the community and well established. Centered in the heart of beautiful Simi Valley (population 126,000+) on Los Angeles Ave which is known as restaurant row, the location benefits from high traffic visibility. We are known for our delicious baked goods, fresh bagels and bagel sandwiches, breakfast sandwiches and burritos and our gourmet coffee, expresso and lattes as well as frozen drinks. We are currently open for breakfast and lunch and close daily at 2 PM 7 days a week.
The café is fully equipped, furnished and operational, with trained staff in place. New owners can start running the business immediately, minimizing downtime and maximizing profitability. The location features fresh exterior paint, outside patio seating for 20 and inside seating for 30. It has street signage as well as building signage.

Some of the equipment included: Clover POS system x 3 stations and 1 hand held. 3 station 240V expresso machine, 3 coffee grinders, 240V dual coffee machine, Ice Machine, water filtration system, 3 door True refrigerator, 3 - two door under counter refrigerator, chilled display bakery case, bagel Case, grab and go sliding glass door refrigerator. electric Jet Air 3 door oven, 36” flat grill, frier, 6’ prep table with 3 door refrigerator, 4 freezers, 2 conveyer toasters. 3M Drive through system, bar sliding door refrigerator. 3 panel drive through menu board. 3 LED inside menu monitors. 2 blenders, 3 compartment sink, prep sink, kitchen display monitor, 2 label printers, Mixer, 6’ cooling cart, bagel refrigerator, patio furniture and dinning furniture.16 Camera surveillance system with 2 display monitors. Office furniture and wall safe.


ATTACHED DOCUMENTS
P&L 2022 final .pdf.pdf Download

DETAILED INFORMATION
Location
Simi Valley, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,500
Lease Expiration
29/02/2028
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The restaurant is attractively furnished, which includes a well-equipped kitchen, espresso coffee bar and sandwich bar. The dinning and outside patio are furnished with style and comfort in mind. Our staff is patinate about baking and coffee. Current lease expires 2/29/28 and there is one 5-year extension remaining to 2/28/33 the lease has a built-in annual rent increase of 2% a year. It is a NNN lease.
Competition
We have a prime location on the busiest Street in Simi Vally with curb signage and our location in well know. We have an established Yelp and Google presents and have significant representation on the delivery service sites such as Door dash, Grub Hub and so on.
Growth & Expansion
A buyer can increase their market share by extending hours of operation as we close at 2 PM daily. Ther is the catering market which we receive many inquiries about but do not act upon, a buyer can tape that market.
Financing
Buyer requires all cash.
Support & Training
The owner is committed to a smooth transition and will provide up to 4 weeks at 40 hours a week of training to buyer and buyers team.
Reason for Selling
We have raised our 9 children and our youngest is a high school senior now and w

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mike persky
mike persky