Garden Grove Breakfast Kitchen - Profitable
Location:
United States
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California
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Southern California - All Southern California
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Garden Grove
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
This Garden Grove Breakfast Kitchen is not only profitable, but has room to grow - both figurative and literally! The breakfast kitchen is open 6 days per week and closes at 2 pm, however, new owners may seek to be open every day and extend the operating hours to dinner and early evening (as the business has a coffee house type of vibe with satellite televisions, and a specialty coffee offering, this would not be too far of a stretch). Further, if a new owner does seek to capitalize on the concept's popularity and low rent, they can expand into either of the two vacant 1,500 square foot spaces on either side of the restaurant at the same $1,280 lease rate. The business, which saves on inventory and food preparation costs via its ultra simple food offering, is ideal for that working owner / operator who seeks to grow an established business into a larger and more formidable food and beverage venue.
Asking Price $125,000.
This 1,500 square foot facility leases for $1,280 per month on a lease until 12/2010, with options available. The sale comes with a full kitchen, equipped with a grill, griddle, oven, stoves, commercial cappuccino machine, and furniture, fixtures and equipment to seat and serve up to 45 persons inside, and 8 on the patio. There is also a customer's rest room and manager's office.
This breakfast restaurant for sale has carved out a unique market niche in Garden Grove. It is a home style, non-franchise and non-national brand type of cozy breakfast kitchen that also lends itself to win over the specialty coffee crowd, the bakery / pastry crowd, and potentially (with the addition of a lunch / dinner menu, and extended hours) the dinner and evening crowd.
New owners will likely seek to expand the restaurant's hours, consider the addition of lunch and dinner service, and potentially double in size by adding on one of the two adjacent vacant spaces.
Financials
Asking Price Range: < $250K
Gross Revenues:
$186,000
Cash Flow:
$50,300
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: No
About The Business
Year Established: 2004
Number of Employees: 4 - 5
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 2 weeks at 20 hours / week.
Reason For Selling: Personal.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 700110879
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