See Similar Listings

Highly Profitable Breakfast/Lunch Restaurant & Bakery /Newly Renovated

Eagle Rock, CA

Seller Financing Available

listing image
Asking Price:$300,000
Gross Revenue:$1,105,028
EBITDA:$307,473
Cash Flow:$99,899
Rent:$7,534/Month
FF&E:$100,000
Listing ID: 2292090Listing provided by BizBuySell
BUSINESS DESCRIPTION

This popular neighborhood restaurant located near Pasadena, CA offers an opportunity to purchase a turnkey, highly profitable establishment that's easy to learn. The business is producing over $100,000 in net operating income while only operating for breakfast/lunch. The space offers a beautiful, modern build out complete with a custom wood-fired pizza oven, bakery concept, and two hoods. The establishment is know for their tasty coffee, baked goods, breakfast, fresh baked bread, smoothies, pizzas and fresh juices. **PLEASE DO NOT DISTURB THE ONSITE STAFF OR YOU WILL BE DISQUALIFIED FROM THIS LISTING AND ANY OF OUR OTHER LISTINGS**

Financials will be provided upon a signed electronic NDA.

CURRENT RENT: $7,534/Month (73rd Month)
REMAINING INITIAL TERM: Approximately 4 Years
OPTIONS TO EXTEND: One (1) - 5 Year Option
GROUND FLOOR: 1,715 RSF +/-
MEZZANINE: 471 RSF +/-

DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,186
Lease Expiration
31/10/2028
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Pristine facilities, recently renovated with almost no deferred maintenance. Ground floor consists of approximately 1,715 SF and the mezzanine is approximately 471 RSF. La Marzocco espresso machine One 6 Foot and One 8 Foot Hood (+/-) Custom Mugnaini Wood-Fired Pizza Oven 10x12 Walk-In Cooler Gas stoves and griddle Freestanding refrigeration systems Ice maker
Competition
There is limited competition in this submarket and the establishment has a very loyal following. This is one of the most popular neighborhood breakfast spots.
Growth & Expansion
Upside in reducing costs, wholesale, expanding hours and offering a dinner concept.
Financing
Limited seller financing may be considered, subject to terms, but not preferred.
Support & Training
Full support and training will be offered to the buyer, subject to terms and conditions.
Reason for Selling
Seller owns numerous restaurants and wants to focus on newest business.
Report an Issue with this listing
Eon Lew
Call Phone