Cafe (Santa Ana) $80,000
The monthly gross income is $27,000 per month and net income $15,000.
The owner operates the business during the day and has 1 night time baker.
All equipment (excluding leased coffee machine & refrigerator) is included in the sale, owner is very motivated to retire.
DAYS / HOURS OPEN: Open 7 Days
FULLTIME EMPLOYEES: 1
PART TIME EMPLOYEES 1
YEARS CURRENT OWNER: 40Great opportunity to start your own business, property on busy signalized location, 2,100 square foot end unit. Current owner has been in business for over 40 years and is ready to retire.
LEASABLE SQFT: 2,100
BUYER TO NEGOTIAGE NEW LEASE WITH OWNER
During pre-pandemic, the owner of the business was paying $5379/mo. After the pandemic hit the property owner lowered the rent to $4500/mo. We do not know what the property owner is willing to do with a long-term term lease, all have been told that he is fair to all tenants at the center. The current business is on a month-to-month month because they are looking to sell the business and retire. Securing a lease by any buyer will be a condition of the sale.
Opening a restaurant will not work due to having another restaurant in a center already and the landlord would not approve. We are selling an existing donut shop / bakery only. Currently the owner is on month to month without a long term lease and she is not looking to secure a lease because she is retiring, so the buyer has to secure a satisfactory lease as a condition of the sale. Employee estoppel documents and all other disclosures will be provided to you as soon as we have an offer to consider. All machinery is included in asking price. Net income is based on statement from the owner.
keep in mind the landlord has non compete limits on restaurants, maybe food to go only.
Do not talk to the owner and employees.
If you talk to anybody at the store without arrangement, the seller will not sell to you.
No Co-op brokering.
The photo may not be an actual photo of the business.
The owner operates the business during the day and has 1 night time baker.
All equipment (excluding leased coffee machine & refrigerator) is included in the sale, owner is very motivated to retire.
DAYS / HOURS OPEN: Open 7 Days
FULLTIME EMPLOYEES: 1
PART TIME EMPLOYEES 1
YEARS CURRENT OWNER: 40Great opportunity to start your own business, property on busy signalized location, 2,100 square foot end unit. Current owner has been in business for over 40 years and is ready to retire.
LEASABLE SQFT: 2,100
BUYER TO NEGOTIAGE NEW LEASE WITH OWNER
During pre-pandemic, the owner of the business was paying $5379/mo. After the pandemic hit the property owner lowered the rent to $4500/mo. We do not know what the property owner is willing to do with a long-term term lease, all have been told that he is fair to all tenants at the center. The current business is on a month-to-month month because they are looking to sell the business and retire. Securing a lease by any buyer will be a condition of the sale.
Opening a restaurant will not work due to having another restaurant in a center already and the landlord would not approve. We are selling an existing donut shop / bakery only. Currently the owner is on month to month without a long term lease and she is not looking to secure a lease because she is retiring, so the buyer has to secure a satisfactory lease as a condition of the sale. Employee estoppel documents and all other disclosures will be provided to you as soon as we have an offer to consider. All machinery is included in asking price. Net income is based on statement from the owner.
keep in mind the landlord has non compete limits on restaurants, maybe food to go only.
Do not talk to the owner and employees.
If you talk to anybody at the store without arrangement, the seller will not sell to you.
No Co-op brokering.
The photo may not be an actual photo of the business.