Two Profitable Fast Casual Restaurants

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Restaurants for Sale

Approved SBA financing available for qualified buyer. Two profitable, fast casual diners - cafes that offer guests all-day breakfast, lunch, and dinner.

Established locations near a major college campus and downtown Los Angeles with high visibility & street exposure. Open 7 days a week, limited hours, morning to mid-day. Both locations are known for their freshly prepared homemade cuisine, amazing service, and many hundreds of 4-5-star online reviews. Recent contracts and newly established catering sales will continue to generate increased revenue and profits.

Well-qualified management and seasoned operational staff complete all of the day to day operations with limited and mostly absentee owner involvement. This experienced staff will help to insure a seamless transition to the new buyer. This sale includes comprehensive equipment lists and fully operational kitchens.

Turn-key, clean financials, point of sale systems (POS) in place. Great opportunity to own two profitable turn-key restaurants in two ideal locations. To request more information, call or email Vince Castelluccio at 951-907-6320, [email protected]

Financial Information

  • $999,000 Asking Price
  • $359,159 Cash Flow
  • $2,700,000 Gross Revenue
  • N/A Down Payment
  • Yes Financing

Business Location

  • City: Los Angeles
  • State: California

Financing Comments

  • SBA Lending Pre-Approved

Reason for Sale

  • Partners wish to focus on other non-competing businesses

Detailed information

  • Year Established: 2014
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: Yes
  • SBA Prequalified: Yes
  • Full-Time Employees: 20
  • Part-Time Employees: 25
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Adjusted EBITDA: On request
  • Inventory Included: No
  • Monthly Rent: $11,800
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • FF&E Included?: Yes
  • FF&E Value: $295,000

Training/Support

  • The owner(s) will agree to train with Buyer as per a mutually agreed “Seller Training Agreement”, for 80 hours following the close of escrow, included in the purchase price. Additional training/consulting may be available from the seller(s), if required, for a negotiable fee.

Facilities

  • 1. Approx: 1,340 Sqft., Monthly Rent Including CAMS $ 6,000 - Lease Expires 10/02/2025 2. Approx: 2,200 Sqft., Monthly Rent Including CAMS $ 5,800 - Lease Expires 09/30/2023 Any offer would be subject to a buyer obtaining Landlord(s) approval and lease terms to their satisfaction.
Business Listed by
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Vince Castellucio
Sunbelt of Riverside County
Listing ID
RIVERCA001-52410
License Number
01801784

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