316-320 S La Brea Ave
Los Angeles, CA 90036
Cafe & Eatery & Boba Bar, I LOVE SWEET TEA · Property For Lease

Caffe & Eatery and Boba Bar Make an Offer Looking for Serious Buyers Business Sale Take over the I LOVE SWEET TEA concept buy today take over tomorrow. Many options. Seller is motivated. Asset Sale- Include Business name, trademarks, branding, phone number, social media sites, delivery services, furniture, fixtures and refrigerator, hood, grease interceptor, and more included build outs and improvements $199k Please note: If you are looking for a new concept and the key money is 199k or make an offer. Lease Assignment-Extremely Low Overhead, Only $3,700 per month Great location high traffic area- Make an offer Take over this lease. If you would like to continue as I LOVE SWEET TEA- Things you need to know- Information •I LOVE SWEETEA was established in 2013 •Space is 950sf •Equipment and other amenities included with sale •2 weeks of free training of staff (further consultations paid) for buyer Net Sales after expenses around 120k per year on a low estimate with maintaining business waiting for new buyer to take over. Extremely low overhead Bust hoagie sandwich only cheesesteak in the world. Bubble waffles otherwise only found at night markets Employees self-manage great leadership skills everyone here is part time, no insurance on them at any given time 1.5 people working (1 person in as 1 person out) very trustworthy very efficient NO COOKS ON BOARD Inventory *Equipment values •Beverage Dispensers $3500 •Cup sealer $1500 •2 Vitamix blenders, $750 each •Waffle maker $200 •Topping refrigerator unit $2000 •Expresso machine $3500 •Espresso grinder $700 •2 iPads, $350 each •2 Register drawers, $600 each •2 49” HD tv’s, $900 each •3 door refrigerator $3200 •2 tankless water heaters, 1 is brand new, $2500 each •Prep sink (No monetary value discussed) •2 35-gallon fryers (No monetary value discussed) •6 range stove with griddle on bottom (No monetary value discussed) •2 Low standing ranges for low stand pots (No monetary value discussed) •2 Hand washing sinks (No monetary value discussed) •3 compartment sink with drain boards (No monetary value discussed) •Single standing freezer (No monetary value discussed) •8-foot hood $25000 •Mop sink (No monetary value discussed) •2-piece Ice machine (No monetary value discussed) •Deposit safe (No monetary value discussed) •2 Direct boxes which will be replaced by Amazon fire stick (No monetary value discussed) •2 dry storage racks (No monetary value discussed) •Grease interceptor unit $18,000 Parking 2 tandem spaces directly outside 4 other spots negotiable with neighbors Metered Street Parking Side Street Parking Many people walk to this location. About the Area- Busy high exposure area. Prime location. This district: in apex of miracle mile, Hancock park, mid-Wilshire, we have undefeated, supreme on this strip, Trejos Tacos, Crossfit Studio, 2 acting studios, Residential Area is 3 mil plus, Palazzo and Park La Brea apartment complexes 70,00 apt units which demographic has $50-$200k average income, walk area heavy. owner will sell everything including the name, website, branding ect. Don't want to use this space for a restaurant? Take over or the lease and put a different type of business in this space.