Montrose Cafe With Beer Wine Patio & Parking For Sale

Business description

This modern, upscale Montrose cafe with beer, wine, a back patio and sidewalk seating is ideal for the restaurateur who seeks an ideal location with a faithful client following. This highly attractive space, conveniently located off of the 210 or the 2 Freeways, offers an idyllic patio, a full kitchen, and seating to accommodate over 66 patrons. The facility has a full kitchen including a grill, oven, stove, deep fryers, a walk-in cooler, and a spacious dry storage / manager’s office. A new operator would do well to capitalize on the current concept’s popularity, while building upon the menu, service offering, and catering opportunities

Property information

Real Estate:

Lease

Lease terms:

The 2,000 square foot facility leases for $5,750 per month plus $500 per month in common area maintenance expenses on a lease until June 2010, with one five year option.

Location:

The 2,000 square foot facility leases for $5,750 per month plus $500 per month in common area maintenance expenses on a lease until June 2010, with one five year option. The sale includes all of the businesses assets including a point of sale system, beer and wine license, fully built out bar and seating nearly 70 guests. The facility also has an abundance of parking.

Size in square feet:

2,000

Other information

Expansion potential:

A new owner may seek to capitalize on the business’s beer and wine license by creating an environment that capitalizes on the facility’s ideal patio. A new operator may consider the addition of popular fares such as healthy pizzas, gourmet burgers, light middle-eastern entrees, imaginative salads, etc. A new owner will also seek to showcase the business’s food in local farmer’s markets or at events that can be catered.

Competition / Market:

The Greater Montrose, La Crescenta, La Canada, Flintridge Area is ideal for many concepts due to these upscale community’s socio-economic demographic base. As such, many entrepreneur’s have sought to launch ‘throwback’ concepts capitalizing on the area’s images of Americana, or village-like attributes. The first class facility’s build-out, moderate rent, patios, beer and wine license, and ideal location provide it a distinct competitive advantage over the competition.

Support & training:

2 wks at 20 hrs/wk

Reasons for selling:

Personal

Financing available:

Not offered; but may consider small carry

Furniture / Fixtures value:

$60,000 (included in the asking price)

Inventory / Stock value:

$1,000