San Fernando Valley Restaurants For Sale
Chatsworth Coffee House in Major Center for Sale
In A world dominated by Starbucks, Coffee Bean and Seattles Best it is a refreshing departure to find a coffe house that stands apart from the corporate giants. This coffee house offers a broad range of sandwiches, smoothies, ice cream, coffee drinks , desserts , salads , panini all adjacent to a high volume movie theater, court house, law school and university. When a new movie is released, it is virtually standing room only with overnight crowds at major openings
Formally part of a franchise group, it is now an stand alone coffee house business but was able to keep the trade name, URL, and phone numbers when the franchisor abandoned the concept. The current owner is part time in the business and states that business should easily double with an operator whom dedicated their time and engery entirely to the business.
The movie traffic is only a partial driver with most business coming from local office complexs and the neighboring courhouse, with the majority being repeat business. As with all my listings, I try a little of everything and can attest to the quality of the coffee drinks, smoothies and boba as being absolutely excellent. The venue is light and airy and a comfortable place to have a latte or read a book.
There is plenty of room to expand the current menu with the virtually no tenant limitations (please review lease for specific exclusions)
Owner states that offering increased delivery and adopting a simple marketing strategy will yield an increase in revenue and profits. The business is profitable and full documentation is available to a qualified buyer.
Another ELITE RESTAURANT BROKERS LISTING
Lease
Financials
Operations
Facilities
Highlights
- SELLER HAS OTHER BUSINESS AND MUST SELL BY DEC 31
- NEXT TO ENTRANCE OF MULTI-SCREEN THEATER
- RIGHTS TO WELL KNOWN TRADE NAME AND URL
- HIGH TRAFFIC AREA BOTH DAY AND EVENING
- NEAR COURTHOUSE, UNIVERSITY AND OFFICE BANK HEADQUARTERS
- HIGH VISIBILITY AND GREAT PARKING
- BROAD MENU LINE , INCLUDING PANINI, COFFEE DRINKS, SALADS AND MORE
- GREAT LOCATION FOR GROUPS, CLUBS AND GATHERINGS
- OWNER WILL CARRY TO HELP QUALIFIED BUYER
- GOOD TRACK RECORD
- POISED FOR GROWTH
- GREAT OWNER OPERATOR OPPORTUNITY
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 37,024 | 72,713 | 153,360 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 13,425 | 25,195 | 51,018 |
| 2010 Persons Per Household | 2.66 | 2.75 | 2.87 |
| Median House Value | $438,500 | $519,458 | $482,857 |
| Income Per Household | $78,414 | $88,138 | $73,290 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 1,944 | 2,466 | 4,759 |
| 2012 Number Of Employees | 72,378 | 81,106 | 139,628 |
| 2012 Total Annual Payroll | $1,791,869,000 | $1,917,144,000 | $2,965,122,000 |
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Disclaimer
DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings. Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.