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Business For Sale
UPPER CAPE COD COFFEE SHOP/ICE CREAM SHOP
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Asking Price: |
$115,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Coffee, Cafe, Dessert
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Yearly Revenues:
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$220,000 |
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Yearly Cash Flow:
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$45,000 |
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Yearly Net Profit:
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$45,000 |
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Yearly Gross Income:
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$220,000 |
Business for Sale Overview:
Prime location combined with great timing make this Upper Cape Cod Coffee/Ice Cream shop a sure thing. The location is on an extremely visible corner with plenty of outdoor seating. The timing is perfect; the business is entering its 4th year and is fully established and embraced by the community. It has shown steady growth since its opening and is up 25% year to date. This is a turnkey operation that presents the buyer with a great location and excellent potential for continued growth and success.
Property Features and Assets:
The restaurant space is approximately 1,000 square feet with a 25 person seating capacity. The space consists of a small dinning room, kitchen, prep area and bathrooms. The current lease has two years remaining with five (5) successive one (1) year options and the two (2) five (5) year renewal options with 3% annual escalation.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not 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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