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Santa Monica Cafe for Sale near UCLA Medical Center For Sale Retail

1620 Wilshire Blvd, Santa Monica
$154,888
  • 6.42 per month Sale notes

Description

Long established and profitable restaurant for sale in the heart of Santa Monica with lots of traffic and great visibility. Coffee Shop business features high quality equipment and a clean modern design. Turn Key food business that is fully licensed and has been operating for many years. Great opportunity to operate a successful cafe in the high income city of Santa Monica, California.

All inventory included in the sale price.  Current lease is till 11/30/2021 with option to extend for additional 5 years.  $6.42 SF/Month for 980 SF. Gross revenue of $270,00 per year with a net of $75K per year.

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