These cafés are located in prestigious high rise multi building office developments. The first café is located in a financial plaza, which features two 7-story buildings and a third 2-story split building totaling over 270,000 square feet of premium workspace, located directly across the street from a popular Orange County mall. The second café is located in a large office development, consisting of over 1.6 million square feet of premium workspace, 5 towers, and the 500+ room hotel. This location was professionally designed and built by the landlord (who spent well over $1M on the buildout) and has a fully loaded kitchen which currently doubles as food prep for the first café and a catering facility for outside businesses.
The current owners are a very large SoCal catering company who lacks both the time and experience running this type of restaurant. Consequently, these prime locations underperform, which means lost opportunity. The cafes are 100% absentee run, the food and labor costs are way above industry average, and they do ZERO advertising or specials (even within the buildings). An experienced operator can start with nearly $1M in annual sales, make simple changes and quickly start generating serious profits!
The landlord is currently offering FREE RENT at both locations for qualified operators until the offices are occupied to pre-COVID levels. Only experienced Buyers with good credit and strong financials will be considered for this opportunity. The Seller strongly prefers to sell both locations as a package, but may consider selling locations individually to the right Buyer. These bistros occupy prime locations, with access to a dense population of customers with disposable income, and a great revenue base. What else can you ask for? Contact the Agent today for more details.
Business is home-based
No lease information found.
None
Open: 7 Days a Week None
Closed: None
Hours: None
Bottomline Business Brokers is sharing information about this Business for Sale under the terms of your current, signed Non-Disclosure Agreement. If you visit this business, please do so discreetly. Do not contact owner, employees, landlord, suppliers, or other tenants! Thank you.
We advise all clients to seek independent legal, tax, accounting, and other professional advice prior to making a purchase decision. The information contained herein has been obtained from the Seller. Bottomline Business Brokers (BRE # 01926680) makes no warranty or representation, express or implied, as to the accuracy of this information, and is submitted subject to errors, omissions, change of terms, withdrawal without notice, and any specific listing conditions imposed by our principals.
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