Description

This Beverly Center / Cedars Sinai area quick service venue with an onsite parking lot boasts an extraordinarily versatile and attractive open kitchen build-out, as well as stellar high traffic street visibility in a coveted area. The attractive venue has a spacious interior with room for potential further expansion as well as sidewalk seating. The open kitchen has a 6 burner stove, a grill, griddle and a 2 bucket deep fryer, as well as a warmer, two salad prep tables, a deli slicer, an ice machine and a 3 bucket sink. There is a 2 station point of sale system, and several stand-alone 1 and two door refrigerators and freezers and a deli style display case. The venue is set up to seat approximately 32 indoor patrons, as well as 8 sidewalk patrons, however space does exist to accommodate additional customers. The facility has an ADA approved restroom and access ramp, a storage room that can be used an office and a mop closet.

This 1,200 square foot café leases for $5,861 on lease that does not expire until July 31, 2020 with one 5 year option. While the name and menu will not be included in the sale, all of the business’s furniture, fixtures and equipment will be included. For those continuing with a similar concept, which may occur as the business is quite profitable, there will be a tremendous amount of goodwill as the location has a highly active customer base comprised of staff from nearby employers, residents, commuters, shoppers and hotel guests alike. As such, the current operation has amassed an impressive catering following – which new operators will likely seek to emulate.

While competition does exist in this popular area, this concept has proven successful and has allowed its operator to grow well beyond its retail location. As such, competition for this particular niche is already limited in the immediate vicinity.

New operators may wish to continue to operate a similar high end deli concept that benefits from a full-kitchen, or they may wish to implement any number of additional ones that may similarly thrive in the area. The current operation is not open for breakfast, dinner or late in the evenings (it operates from 11 am to 7 pm, and is closed on Sundays and holidays) despite there being a solid amount of late night entertainment venues in the area – which could present further expansion opportunity. Similarly the venue’s versatile set-up could be modified to accommodate additional patrons shall it be required (the current operation lends itself to take-out, which requires less indoor seating than other options).

Posted Nov 4, 2016

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