This coffee outlet is located in a busy Westwood high-rise office building on a busy street corner. The venue has a lovely build-out and boasts a fully equipped kitchen with a hood. The current operators have led with a coffee-driven concept catering to tenants, but new operators can expand the menu and capitalize on the venue’s kitchen and freeway adjacent location for a larger catering operation (zoning and permits permitting) or alternate food concept.
- Asking Price:
- $30,000
- Sales Revenue:
- $665,794
- Cash Flow:
- $99,325
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The Beverly Hills location boasts 1,200 square feet and leases for $1,850 per month on a lease until 10/31/27 with options to be determined. All of the business’s furniture, fixtures, equipment and goodwill will be included in the sale.
- Size in square feet:
- 1,200
Business Operation
- Expansion Potential:
-
New owners will want to capitalize on this venue’s location, established customer base, attractive lease rate, and fully equipped kitchen to launch any number of new concepts.
- Competition / Market:
-
The high-rise location offers a build-in customer base comprised of building tenants. Nearby Westwood Village Westwood Boulevard offers a variety of coffee, cafes and competing food options, though none can compete with the convenience an onside operation offers.
- Reasons for selling:
-
Personal
- Years established:
- 2024
Other Information
- Support & training:
-
Seller will train for 2 weeks at 20hrs per week or as negotiated
- Business closed / Asset sale:
- Yes
