Breakfast Lunch with Low Rent in Busy Downtown

Not Disclosed, FL
Broward County


Asking Price: Annual Revenue:
$69,000 $101,345

Food & Beverage: Coffee, Cafe, Dessert


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RE: Breakfast Lunch with Low Rent in Busy Downtown Broker: Jesse Peraza

Quick Facts

Asking Price: $69,000
Annual Revenue: $101,345
Net Profit: Not Disclosed
Cash Flow: $25,123
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 1
BBN Listing #: 912630
Broker Reference #: 2201737909

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Business Overview:

Rare opportunity to purchase a beautiful breakfast-lunch cafe in courtyard setting in booming downtown ft Lauderdale. Thousands of clients from new units being built, construction workers, courthouse and college campus steps away. Buildout cost doubles the asking price and rent for the area is way below market. Set up could be a Starbucks type clone as its built out similarly without a hood to cook on-premises but has ovens to reheat pre-packaged or prepared foods, espresso coffee maker, juicers and console to display meals including salads and desserts. Sellers bought for son to operate and son has never really taken to it and has done no advertising or marketing and has decided to pursue another career out of state. Short hours make it a lifestyle business as its only open Monday to Friday 7-3:30 pm but an aggressive owner could certainly open longer hours and Saturday. Please refer to listing 2201737909, business broker Jesse Peraza when you inquire about this listing. Please use email reply button of this ad to contact us.

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Property Features and Assets:

Lease/Month: $1,895; Square Footage: 1,000; Building Type: Courtyard; Terms & Options: available; Expiration Date: 1/27/2023.

Market Competition and Expansion:

Non Compete : Miles: 100 Years: 3 Weeks

Reason for Selling:

Retirement

Additional Details:

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

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