Cafe for sale

Broomfield, CO
Adams County

Asking Price: Annual Revenue:
$119,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Cafe for sale Broker: Bob Steinberger
License #: FA.100044255

Quick Facts

Asking Price: $119,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2000
Employees: 12
BBN Listing #: 39078096
Broker Reference #: 6633

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Business Overview:

Purchase this strategically placed Cafe for Sale in a MAJOR MALL in Denver, Colorado - RECENT UPDATE!!! SELLERS HAVE NEGOTIATED

Sales for this mall food court cafe for sale have been maintained around $600,000 for the last three years with sellers income of over $65,000 for a full-time owner/operator. Currently, it is being run mostly absentee as there is a full-time manager in place. That means this business is priced very competitively and way below the multiples of a typical franchise operation.

This quick service, food court located cafe for sale offered by the restaurant brokers at We Sell Restaurants has been serving up fresh Mediterranean favorites profitably since 2000. Unlike other ''mall concepts'' the menu is prepared fresh and mostly from scratch. It currently serves Gyros, Kabobs, Spanakopitas, Moussaka, and other Greek and American favorites. Nestled in a busy food court of one of the largest, most prestigious malls in the state it stays busy serving a huge number of mall patrons year round. At first glance, you would assume this cafe for sale is a franchise with its professionally designed logo, signage, and floor plan. Your Colorado Certified Restaurant Broker sure thought so when he first visited, however, it is not!

This cafe for sale is a well designed, thought out independent concept nestled next to the other typical mall food court corporations and franchises. What's the difference? How about NOT paying 8-10% or your top line sales to a far off franchisor who does not share your same goals or vision, NOT paying a franchise transfer fee and NOT having some other entities tell you how to run your business and set your prices for you. Its the best of both worlds; a slick, well thought out concept that offers the upside of a franchise like this cafe for sale without the fees and corporate involvement. What about training though you ask? The current owner and designer of the cafe for sale concept will stay on for a smooth transition. It could even be negotiated for him to remain as a part-time adviser for a longer period of time.

Plus, a food court concept offers many operational advantages. Restroom and dining room maintenance and costs are not your problems. Neither is snow removal, parking lot maintenance or security. You have hundreds of seats both indoors and out in a very busy, attractive food court that is maintained by the mall saving you thousands of dollars per year. Electricity and water are included with rent. The mall is one of the largest and most prestigious in Colorado. It has strong anchors and over 150 other shops and eating establishments.

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Property Features and Assets:

Leased Equipment: Coffee, tea and drink equipment - from vendors. Free if using their product. Gyro warmers - free if using their products Dish machine - Eco Lab lease $151 per month Owned Equipment Walk-in cooler Misc cooking utensils Catering equipment and supplies Misc pots and pans SS tri sink Misc walk-in shelving SS hand sink Spice rack 40 qt mixer Misc trash cans can rack 2 -2 door Victor reach-in freezers Security cameras SS 2X5 prep table robo coupe with blades 6 eye burner with oven copy/fax machine 3 microwaves robo coup hand mixer ice machine FOH sink 2 terminal POS system Sandwich prep cooler 3 well food warmer 2 door glass reach-in small grill 2 Gyro holders [these belong to the Gyro meat company 2 fryers SS prep table on wheels Sandwich station Steamer ladder shop vac

Market Competition and Expansion:

Massive upside in catering and off premise sales. Currently suffers from absentee ownership and needs hands on owner-operator.

Reason for Selling:

New Career

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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