This greater Glendale area quaint style daytime cafe with beer and wine is a
venue that boasts attractive rent and has recently been launched. The
venue, which closes before 5 pm, has tremendous potential to be open 7
days per week or to launch an evening service. In the prior few years, the
facility has had an estimated $130,000 in upgrades and renovations, making
it poised for a new owner to continue to promote and grow without the need
for significant investment in facility improvements.
This 1,100 square foot location leases for $2,437 per month on a lease until
June 2021 with 2 five year options. All of the businessís furniture, fixtures,
equipment, goodwill and Type 41 beer and wine license will be included in
the sale. $1,000 in inventory will be sold at cost at close in addition to
While competition exists, this is the quintessential neighborhood type of
venue that has amassed a loyal following. As a result, they are not as
susceptible to threats from industry entrants as many location or concept
based venues may be.
This venue could tremendously benefit from a full-time working owner-
operator with restaurant management experience or who is otherwise active
in the operation. In addition, its tremendous organic growth could benefit
from a long-term brand building oriented marketing campaign to introduce
the venue to those not already familiar with it. New operators can also
tremendously increase revenues by opening 7 days per week as well as
capitalizing on the beer and wine license by remaining open past 5 pm for
the with dinner time offering.
The information in this
listing has been provided by
the seller or broker stated
in the contact section of
the listing profile. As
such, Restaurants For Sale
Online, LLC has no claim in
the sale of this business
and has not independently
verified any of such
information and assumes no
responsibility for its
accuracy or completeness.
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