Santa Cruz California Business for Sale
Restaurant at the Beach -- 26-yr History. |
| Santa Cruz, California |
| The best business is the business that runs itself! Located across the street from a major Santa Cruz landmark and tourist destination -- which guarantees a steady flow of customers year-round -- this little breakfast and lunch cafe has served the same “tasty and innovative” menu for 26 years. You can’t get a better location. And it is a turn-key operation. The current owner stops by just once a week to check in, as the place basically runs itself, making it a great opportunity for an investor or first-time restaurant owner. Located at the beach, this café brings in a great, diverse crowd, and is part of a healthy, fun lifestyle. It has a beautiful upstairs apartment with an ocean view that could save you thousands on personal living expenses. The equipment is not all new, but it is all well-maintained and in good running order. The building housing the present operation dates back to the turn of the century, giving the place a historic atmosphere. The landlord is easygoing and cooperative and the lease contains a right of first refusal.And for those who want more than the current cash flow, there is growth potential awaiting by adding a dinner menu and possibly doing some remodeling. After almost three highly successful decades, the owner is moving towards retirement, creating a once-in a lifetime opportunity. Don’t miss it! |
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Financials |
| Price: $320,000 |
| Gross Income: $273,814 |
| Cash Flow: $56,462 |
| FFE: $20,000 |
| Inventory: $2,500 |
| Real Estate Value: $0 |
| Source Data: |
About the Business |
| Listing ID: #BSC082608 |
| Year Established: 1982 |
| Financing: |
| Training: as negotiated |
| Facilities: Two-story building with large basement. Good condition. Nice apartment upstairs with ocean view. |
| Competition: There are a few other restaurants in the area but they do not compare in price and quality. |
| Growth: A new owner could add a dinner menu. Current revenues are from breakfast and lunch only. |
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| Business Listed By |
| Name: Michael Fehling |
| Company: Business Sales Consultants |
| Phone: 408-223-8388 |
|
| The information in this listing has been provided by the business seller
or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information. |
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