Modern Rural Cafe In Historic Mixed Use Building

Not Disclosed, WA Lewis County

Asking Price: $759,702

Annual Revenue: $366,471

Food & Beverage: Coffee, Cafe, Dessert

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Modern Rural Cafe in Historic Mixed Use Building

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RE: Modern Rural Cafe In Historic Mixed Use Building
Contact: Michael Whitesel

Owner Financing is Available!

Owner Financing Terms$75,000.00Owner Financing Interest9.5%Owner Financing Terms Months36Owner Financing Monthly Payment$2,402.47

Quick Facts

	Asking Price:	$759,702
	Annual Revenue:	$366,471
	Net Profit:	Not Disclosed
	Cash Flow:	Not Disclosed
	Total Debt:	Not Disclosed
	FF&E:	$57,202
	Real Estate:	Not Disclosed
	Year Established:	2003
	Employees:	12
	BBN Listing #:	943956
	Broker Reference #:	59071-181295

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Business Overview:

Modern Rural Cafe in Historic Mixed Use Building (Included)

This is a wonderful opportunity for a new owner to operate an historic property in an amazing setting at a location that has an established reputation as a community fixture. As long-time residents of this southwest Washington town, the owners had a vision for the building that they have largely realized over the last 20 years. With kids grown and the careers winding down, the current owners are ready for their next chapter. This building houses a full-service restaurant and second floor inn rooms. It offers a delicious assortment of scratch made breakfast and lunch items from quality ingredients. Not only is the bustling bistro ready to grow, the upper-level inn rooms are also poised for expansion. Consider this property as your next venture.

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Property Features and Assets:

It is a two-level building (with full basement) constructed in 1924. One of the current owners was raised locally (as was his father). When the building became available in 2003, he jumped at the chance to buy it. He had known the building his whole life and imagined bringing it back to life. He opened a coffeehouse in the street-level space, which had previously housed a tavern, and rented out the second level apartments. After 10 years, the couple restructured, rebranded, and grew the cafe into the social hub of the community that it is today.

Market Competition and Expansion:

There is no other place like it in town. No other café, only one other place open by 8:00 am and no Starbucks within 30 miles.

This bistro and building are poised for increased revenue. With the huge investment made to bringing the kitchen up to professional grade, there is opportunity for expanding back into dinner service and adding more catering. Also, the two inn rooms demonstrate the potential for converting more of those rooms into short-term vacation rentals. Currently getting great feedback and response with the current rooms.

Reason for Selling:

retiring

Additional Details:

The property is Leased.
The owner is willing to train/assist the new owner.
This is not homebased business opportunity.
This is not a franchise resale opportunity

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