Brunch Cafe: 6-day, Absentee Run, Hi-Vol over $1 mil, Prc $550K, OC
| Asking Price: | $550,000 |
| Gross Revenue: | $1,002,000 |
| Rent: | $9,500 |
| Cash Flow: | $132,000 |
| Inventory: | $8,000 |
| Established Year: | 1987 |
• A long-established café restaurant located in the heart of a sprawling industrial complex in Anaheim, Orange County.
• Established in 1986, served as a brunch hub for local office workers, industrial workers, and neighbors for 37 years.
• Absentee run. A cafe-type restaurant where neighbors and nearby workers can enjoy brunch and a light dinner, where beer and wine L/C is not required. Turn-key.
• Situated on stand-alone building at the corner intersection of a cross street, offering 32 parking spaces and 112 dining room capacity plus an additional 600 SF of covered patio seating.
• Since seller is the landlord, a new long-term lease workable in buyer’s favor.
• Sales
> Gross monthly sales are $83,500 on average.
• Income
> Monthly net income, on a P&L basis for 2023 calendar year, exceeds $7,500. Do not forget this is an absentee run profit.
> An even better net profit is expected to be $15,000 or more per month if the buyer switches to an owner-run operation where he or she can save on high payroll expenditures.
> Any way, net income based on SDE (Seller's Discretionary Earning) is much greater than the figures on P&L. Not yet been verified by broker
• See below for more details:
> The premises are approx. 2,790 sq. ft. in its size.
> New lease available with 5+5 option. Terms negotiable, as seller is the landlord.
> Monthly rent is to start at $11,500, including NNN. That's because of its current high property values and also because it's located in a regional hotspot. But still negotiable depending on buyer's offer.
> Business hours: 7 am to 8 pm Mon thru Sat, closed on Sundays.
> Currently 18 employees with gross monthly wages of $28,680 on average based on 2023 P&L.
> Running for 37 years by seller at the current location.
• Financing
> A 5-year term business loan very possible with a down payment of 50%.
• NDA (Non-disclosure Agreement). Use attached NDA
• “Note”
> All information contained in this document is solely the result of statements made by the seller.
> Action Realty Task Holdings, Inc.'s Brokers and/or its Agents make no representations or warranties as to the accuracy, completeness or validity of such information.
> Purchasers are advised to seek the advice of accountants, attorneys and/or other available business professionals, if deemed necessary, to verify the accuracy of any business information provided by our ads or agents.
