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Award-Winning Café with 8+ Years of history

Los Angeles, CA

Seller Financing Available

Asking Price:$275,000
Gross Revenue:$522,547
EBITDA:$155,000
Established Year:2016
Cash Flow:$425,000
Rent:$2,300/Month
FF&E:$80,000
Listing ID: 2213421Listing provided by BizBuySell
BUSINESS DESCRIPTION

Exceptional Downtown Oasis: Award-Winning Café for Sale

Step into a thriving legacy with our renowned, award-winning café, a culinary gem nestled in the vibrant heart of Downtown Los Angeles. With a rich 8-year history, our establishment has become a celebrated icon, labeled as a hidden gem by locals and visitors alike.

Why Our Café:

1. Award-Winning Menu: Revel in the glory of our accolades! We've clinched titles for the "Best Coffee," "Best Breakfast," and the irresistible "Best Breakfast Burritos." Our menu is a testament to culinary excellence that keeps customers coming back for more.

2.Historical Charm: Eight years of dedicated service have woven our café into the fabric of the community. We are more than just a place to grab a bite – we're a part of Downtown LA's cultural tapestry.

3. Prime Location: Situated amidst thriving foot traffic, our café enjoys a central location surrounded by key attractions. Rub shoulders with literary enthusiasts at The Last Bookstore and savor breathtaking landscape views of Downtown LA.

4. Elevated Experience: Perch above the rest! We are one of the few cafes strategically located on a higher floor in the building, offering a unique perspective of the cityscape. Enjoy your coffee, breakfast or lunch with a view that sets us apart from the crowd.

5. Spacious Accommodation: Boasting more than 1800 sqft in total, our café comes with offsite storage and an additional unit on another floor. This expansive space provides ample room for creativity, innovation, and potential diversification of services, office, and storage.

6. Impeccable Space: Step into a space that exudes warmth and comfort. Our café is in excellent condition and meticulously maintained to provide a welcoming atmosphere for patrons. From cozy corners to communal spaces, every inch is designed for an unforgettable experience.

7. Community Hub: Experience the heartbeat of the community day and night. With a bustling day and vibrant nightlife, our café is a hub for locals, tourists, and creatives alike. Our proximity to iconic neighbors adds an extra layer of allure.

8. Café Recognition: Our cafe's name resonates through the streets of Downtown LA, a beacon for those seeking exceptional coffee, delightful breakfast, and an overall memorable experience.

9. Security Assurance: Enjoy peace of mind with 24/7 security in place, ensuring the safety of your investment and the well-being of patrons.

10. Limitless Growth Potential: With a solid foundation, there's ample room for expansion and growth. Tap into new markets, introduce fresh concepts, and watch your investment flourish in the heart of this dynamic city.

Seize this rare opportunity to own a piece of Downtown LA's culinary history. Join us in continuing the legacy of excellence – a thriving café where every cup tells a story, every bite is a journey, and the possibilities are as vast as our spacious accommodations.

DETAILED INFORMATION
Location
Los Angeles, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,352
Lease Expiration
22/12/2025
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
2 Lead Espresso Machines, 1 POS System, 2 Pastry Showcases, 2 48' Sandwich prep-tables, 1 Grab n Go Unit, 1 Bev Refrig, 2 Breville Toasters, 2 Prep tables, 1 Double Door Freezer, 3 electric Burners, 2 Large Panini Press, 1 36' Mega top Sandwich prep table, 1 Moffat Convention Oven, 1 double door reach in refrigerator, 1 single door reach in refrigerator, 1 36" Sandwich prep table, blender, juicer, brewer, grinder *update 6/22/2024 We now host events in the cafe on our newly added stage with it includes state of the art JBL Sound System and mounts
Competition
The business is situated in a prime location, benefiting from foot traffic originating on the street, local business referrals, and within the building itself. Being just off the main street, our customers choose to visit when seeking an escape from the bustling downtown Los Angeles atmosphere. Unlike our local competitors, we possess superior real estate. Our menu is expertly crafted by a chef affiliated with a large and successful corporate chain. We are the preferred cafe in our local area and have earned the reputation of a hidden gem location.
Growth & Expansion
This charming cafe, nestled within a historic building, boasts a distinctive ambiance that appeals to patrons with an appreciation for historical charm. The location strategically taps into a consistent stream of tourist foot traffic, particularly those inclined towards simple purchases. With an astute awareness of marketing positioning, there's room for growth and adaptability, promising a dynamic future. The cafe enjoys robust local support, evident through foot traffic from nearby residents and business referrals.
Support & Training
Owner is willing to stay on and help for 60 days and remain as a consultant for 30 days after.
Reason for Selling
relocating
BUSINESS LOCATION
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Eric Davis
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Eric Davis
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