Highly Profitable Breakfast/Lunch Restaurant & Bakery /Newly Renovated
Business Description
This popular neighborhood restaurant located near Pasadena, CA offers an opportunity to purchase a turnkey, highly profitable establishment that's easy to learn. The business is producing over $100,000 in net operating income while only operating for breakfast/lunch. The space offers a beautiful, modern build out complete with a custom wood-fired pizza oven, bakery concept, and two hoods. The establishment is know for their tasty coffee, baked goods, breakfast, fresh baked bread, smoothies, pizzas and fresh juices. **PLEASE DO NOT DISTURB THE ONSITE STAFF OR YOU WILL BE DISQUALIFIED FROM THIS LISTING AND ANY OF OUR OTHER LISTINGS**
Financials will be provided upon a signed electronic NDA.
CURRENT RENT: $7,534/Month (73rd Month)
REMAINING INITIAL TERM: Approximately 4 Years
OPTIONS TO EXTEND: One (1) - 5 Year Option
GROUND FLOOR: 1,715 RSF +/-
MEZZANINE: 471 RSF +/-
Financials will be provided upon a signed electronic NDA.
CURRENT RENT: $7,534/Month (73rd Month)
REMAINING INITIAL TERM: Approximately 4 Years
OPTIONS TO EXTEND: One (1) - 5 Year Option
GROUND FLOOR: 1,715 RSF +/-
MEZZANINE: 471 RSF +/-
About the Business
- Currently Relocatable
- Yes
- Facilities & Assets
- Pristine facilities, recently renovated with almost no deferred maintenance. Ground floor consists of approximately 1,715 SF and the mezzanine is approximately 471 RSF.
La Marzocco espresso machine
One 6 Foot and One 8 Foot Hood (+/-)
Custom Mugnaini Wood-Fired Pizza Oven
10x12 Walk-In Cooler
Gas stoves and griddle
Freestanding refrigeration systems
Ice maker - Market Outlook / Competition
- There is limited competition in this submarket and the establishment has a very loyal following. This is one of the most popular neighborhood breakfast spots.
- Opportunities for Growth
- Upside in reducing costs, wholesale, expanding hours and offering a dinner concept.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,186
- Rent
- $7,534.00 per month
- Lease Expiration
- 10/31/2028
About the Sale
- Seller Motivation
- Seller owns numerous restaurants and wants to focus on newest business.
- Transition Support
- Full support and training will be offered to the buyer, subject to terms and conditions.
- Financing Options
- Limited seller financing may be considered, subject to terms, but not preferred.
Listing Info
- ID
- 2292090
- Listing Views
- 1699
Listing ID: 2292090 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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