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Businesses For Sale > Business For Sale in Garden Grove, California (CA)

Garden Grove Breakfast Kitchen – Profitable, w/Low Rent & Room to Grow! for sale in Garden Grove, CA

Garden Grove, California (CA)

Asking Price: Gross: Cash Flow:
$ 125,000 $ 186,000 $ 50,300

Furniture and Fixtures Value:
(included in the asking price)

Business Summary:
This Garden Grove Breakfast Kitchen is not only profitable, but has room to grow – both figurative and literally! The breakfast kitchen is open 6 days per week and closes at 2 pm, however, new owners may seek to be open every day and extend the operating hours to dinner and early evening (as the business has a coffee house type of vibe with satellite televisions, and a specialty coffee offering, this would not be too far of a stretch). Further, if a new owner does seek to capitalize on the concept’s popularity and low rent, they can expand into either of the two vacant 1,500 square foot spaces on either side of the restaurant at the same $1,280 lease rate. The business, which saves on inventory and food preparation costs via its ultra simple food offering, is ideal for that working owner / operator who seeks to grow an established business into a larger and more formidable food and beverage venue.

 

   
Year Business was Established: 2004
   
Number of Employees: 5 PT  
   
Facilities / Terms of Lease: This 1,500 square foot facility leases for $1,280 per month on a lease until 12/2010, with options available. The sale comes with a full kitchen, equipped with a grill, griddle, oven, stoves, commercial cappuccino machine, and furniture, fixtures and equipment to seat and serve up to 45 persons inside, and 8 on the patio. There is also a customer’s rest room and manager’s office.  
   
Potential Growth/Expansion: New owners will likely seek to expand the restaurant’s hours, consider the addition of lunch and dinner service, and potentially double in size by adding on one of the two adjacent vacant spaces.  
   
Competition: This breakfast restaurant has carved out a unique market niche in Garden Grove. It is a home style, non-franchise and non-national brand type of cozy breakfast kitchen that also lends itself to win over the specialty coffee crowd, the bakery / pastry crowd, and potentially (with the addition of a lunch / dinner menu, and extended hours) the dinner and evening crowd.  
   
Owner willing to finance: Not Offered  
   
Owner willing to train: 2 wks at 20 hrs/wk  
   
Reason for selling: Personal  
   
Seller Reference Number: GGome
BusinessMart.com Listing Number: 67721
 

 

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For more info contact:

Ryan Clark

The Veld Group
310-652-8353

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