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K Café Patisserie & Tea House For Sale!

San Jose, CA
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Asking Price:$450,000
Gross Revenue:$1,600,000
Established Year:2019
Cash Flow:$600,000
Real Estate:$3,800,000
Listing ID: 2290826Listing provided by BizBuySell
BUSINESS DESCRIPTION

Address: 923 S Bascom Ave, San Jose, CA 95128
Website: https://kcafesj.com
Looking for Cash offer, price negotiable.
Real Estate (not included): Property owner asking $3.8 Million
Lease: $14k per month including NNN, 5-year option to renew
K on the go is Franchise, they own the franchise, not the drink shop, is not included in the sale. If you are interested in the franchise, it can be purchased separately after you buy K Cafe.

Motivated Seller, moved to different country so must sell!
Two ways to buy: 1. Business 2. Asset Only
If purchasing assets only without training, the price will be more flexible.

Size: Approximately 2,000 sqft of indoor space and 1,800 sqft of outdoor seating, on 9,100 sqft Lot.
Location: Close to Valley Medical Center and Westfield Valley Fair.
Kitchen: 18ft Type-1 Hood & Combination Oven

Business:
Everything included, including the website, Instagram, Facebook, Yelp, and Google.
10 employees including manager. 1 owner working 4-8 hours on weekends, weekday is owner absentee.
Payroll for all employees and owners is 430k, around 26% of the annual gross.
Food costs 20-25%
Rent + Utilities + Maintenance 230k per year, around 13% of the annual gross
Catering/ Private Event after 5 PM is extra income, cash not included in annual gross—around 200k per year.

SDE - Seller take-home income per year ~ 600-650k
Seller must sell because moving to different country.
Contact me 424.402.6522 (text) & Make an offer!

DETAILED INFORMATION
Location
San Jose, CA
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
2,000
Employees
5
Facilities
All included
Competition
K Café operates in a growing segment of the café market, particularly focusing on Asian-French fusion dining. The competition includes both traditional cafés and niche tea houses in the Bay Area. However, K Café distinguishes itself with its unique offerings, upscale experience, and affordable pricing. Its strategic location near high-traffic areas like Valley Medical Center and Westfield Valley Fair further enhances its market position, making it a prime destination for brunch and afternoon tea enthusiasts.
Growth & Expansion
K Café is poised for significant growth by introducing dinner offerings, updating its menu to attract new customers, and diversifying its customer base. Additional strategies include hosting events and enhancing marketing efforts to boost visibility and engagement. Collaborating with local businesses and leveraging social media can further enhance outreach. With its unique concept and loyal customer base, K Café is well-positioned to capitalize on dining trends and expand its footprint in the Bay Area.
Support & Training
Easy to learn, and all employees will remain in their positions.
Reason for Selling
Increased commitments for owner and frequent international travel
BUSINESS LOCATION
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Xiaoming
Huang
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Xiaoming Huang
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