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Business For Sale
ART CAFE
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Asking Price: |
$89,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Coffee, Cafe, Dessert
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Reason for Selling:
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Other business opportunities. |
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Year Established:
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2007 |
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# of Employees:
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4 |
Business for Sale Overview:
Profitable north of Boston café with seasonal Beer and Wine License, located in the seaside, arts district of Beverly, MA. Situated in a growing neighborhood hub of 350 condo units, its arts center location offers built-in traffic via students taking classes and condo residents. Restaurant design easily accommodates a range of venues from self-service lunches to Sunday brunch and private parties. Strong reputation as local bistro serving quality meals with the freshest ingredients. Low overhead, high visibility location. Seasonal beer and wine license. Current owners have cultivated special evening events in a dinner theatre-type venue showcasing musicians, storytellers, filmmakers, actors and writers. The cafe is open six days a week and hosts private parties as well.
Property Features and Assets:
Ground floor location in 4-Story Arts Center. This charming café space has 1000 sq. ft. open-air dining room in unique, newly renovated brick factory building. The two exterior walls are brick post and beams with large windows offering High Visibility on street corner. Located on major thoroughfare (Route 1A, Beverly).
Market Competition and Expansion:
A small pizza business is the only competition within a one mile stretch of highway in each direction of the cafe. Existing catering and delivery business can be expanded. Business has profit potential as a full breakfast, lunch, dinner, all-day bistro, bakery with on/off-site catering (established accounts).
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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