Price: $150,000
Location: Los Angeles, CA
Industry: Restaurant and Food
Listing ID: Kitsale
Listing Status: Available
Price: $150,000
Location: Los Angeles, CA
Industry: Restaurant and Food
Listing ID: Kitsale
Listing Status: Available
Inventory: Not included in asking price
Real Estate: Leased
Building SF: 1,000
Lease Expiration: N/A
Furniture, Fixtures, & Equipment (FF&E):
EBITDA:$1
FF&E:$20,000
Inventory:$2,000*
Rent:$1,200
Established:1990
General Information
This food manufacturer with a Food and Drug Administration (FDA) permitted food preparation kitchen specializes in producing a few baked products that are French favorites, using the highest quality all natural, additive and GMO free and locally sourced ingredients.
Facilities:
The 1,000 square foot facility leases for $1,200 per month on an annual lease with a 1 year option. All of the business’s furniture, fixtures, equipment and goodwill be included in the sale. Equipment includes a walk-in cooler and freezer, 2 sets of stacked ovens, a range top, mixer, 2 preparation tables and a 3-bucket sink.
Competition:
The company operates in a highly competitive space but has been embraced by customer and a signature grocery brand, which lends incredible credibility to the company’s products and its brand. Its existing shelf space coupled with its decade long history may help it to edge out competition when it comes to landing new accounts and customers.
Growth & Expansion:
New operators will want to capitalize on the location's permitting and attractive rent, in addition to its convenient location!
Financing: Not offered but a small secure carry may be considered
Support & Training: Not applicable
Reason for Selling: Personal
Total Sales: $233,420
Cash Flow: $120,000
FFE: $20,000
Inventory: $2,000